What is the meaning of Mean?

Mean is often considered as the simple arithmetic average of the sum of the observed values divided by the number of observations. The simple unweighted mean of the listed four observations: 8, 12, 10 and 14 is 11. This statistic is computed by (8+12+10+14=44) 44 divided by 4. The geometric mean of the same four observations is 10. 77. It is computed by multiplying each observed value and then deriving the nth root of that number. The geometric mean can only be equal to or less than the comparable arithmetic mean.

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APABarry Goldsmith. (2010). mean. Retrieved September 20, 2026, from http://smartdefine.org/mean/definitions/1158030
ChicagoBarry Goldsmith. 2010. "mean" http://smartdefine.org/mean/definitions/1158030 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, mean, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/mean/definitions/1158030>.
MLABarry Goldsmith. "mean" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/mean/definitions/1158030>
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