If built-in it is a function. If the user types it into a cell, it is a formula.
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If built-in it is a function. If the user types it into a cell, it is a formula.
The result of this calculation is the average value of the numbers in the set.
It is called the 'mean average'
It is called the "sum".
This is called the average, or the arithmetic mean, of the numbers.