The average or mean. NOT the median.
It is the average or arithmetic mean.
mean = (sum of data items)/(number of data items) = (40,000 + 90,000 + 40,000 + 30,000 + 80,000)/5 = 280,000/5 = 56,000
the average
It is the mean average of number of collected data values.
The Mean
The mean or average is the quotient found by dividing the sum of a set of data by the number of items of data.
The mean of a set of data is the sum of that data divided by the number of items of data.
The mean
The average or mean. NOT the median.
That's the mean.
yes
It is the average or arithmetic mean.
What is described here is the MEAN or AVERAGE, not the quotient.
In math, the average can be found by dividing the sum of the data by the number of items.
The mean average, often known simply as average.
Since the average is the sum divided by 10 (in this case 10, because there are 10 data items), it follows that the sum is 10 times as much.