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The term "average" commonly refers to the arithmetic mean, which is calculated by summing a set of values and dividing by the number of values. Other statistical measures that can represent "average" include the median, which is the middle value when data is ordered, and the mode, which is the most frequently occurring value in a dataset. Each measure provides different insights, and the choice of which to use can depend on the data distribution and the context of the analysis.

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2w ago

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