What is an average?
The term average has a number of different meanings. Most generally, it is a single number that is used to represent a collection of numbers. In the context of mathematics, "average" refers to the mean, specifically, the arithmetic mean. It is a relatively simple statistical concept that is widely used in many areas.
The equation below is one of the more commonly understood definitions of the average:
Average = Sum/Count
where the sum is the result of adding all of the given numbers, and the count is the number of values being added. For example, given the 5 numbers, 2, 7, 19, 24, and 25, the average can be calculated as such:
Average = (2 + 7 + 19 + 24 + 25)/5
Average = 77/5
Average = 15.4
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