write the formula of find average
Answers
Answer:
sum of all observations/ No. of observations
★Question:
★Answer:
An average is a term we used to hear in the statistics and mathematician the statistics average called Mean. Average play a very important role in the statistics if anyone wants to know the central value from available data they can use function average. In excel also we can easily find out average or mean according to our needs. An average is a statistics term, in a simple term we can say an average is a single number taken as representative of the list available. An average is used by many researchers at the time of doing research, But mainly average used by technical analyst because they have to calculate the average price of particular stock in which they are doing research, so they average having more importance in their field. An average is a middle number in the data.