Question

The arithmetic average of a
set of data is called its____.​

Answer 1

Answer:

Printable version. The arithmetic mean is often known simply as the mean. It is an average, a measure of the centre of a set of data. The arithmetic mean is calculated by adding up all the values and dividing the sum by the total number of values.

Step-by-step explanation:

hope it's help

Answer 2

Answer:

Concept:

The simplest and most popular way to measure a mean or average is the arithmetic mean. The geometric and harmonic means are two more averages that are more frequently employed in finance.

Step-by-step explanation:

Given:

A statement

To find:

The term that is defined by given statement.

Solution:

• The arithmetic mean is frequently referred to as just the mean. It measures the middle of a group of data; it is an average. By adding together all the values and dividing the total by the overall number of values, the arithmetic mean is determined.
• The sum of a set of numbers divided by the total number of numbers in the set is known as the arithmetic mean or arithmetic average in mathematics and statistics.

Hence, The arithmetic average of a set of data is called its mean

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