How do you calculate the average mean?

You calculate the average mean by summing all the values in a dataset and then dividing the sum by the total number of values.

Here's a more detailed explanation:

Steps to Calculate the Mean:

1. Gather the Data: Collect all the numbers you want to find the average of.
2. Sum the Values: Add all the numbers together to get a total sum.
3. Count the Values: Determine how many numbers are in your dataset.
4. Divide: Divide the total sum (from step 2) by the number of values (from step 3). The result is the mean.

Formula:

The formula for calculating the mean is:

Mean = (Sum of all values) / (Number of values)

Example:

Let's say you have the following numbers: 5, 10, 15, 20, 25

1. Sum the values: 5 + 10 + 15 + 20 + 25 = 75
2. Count the values: There are 5 numbers.
3. Divide: 75 / 5 = 15

Therefore, the mean of the numbers 5, 10, 15, 20, and 25 is 15.

Importance of the Mean:

The mean is a commonly used measure of central tendency. It provides a single value that represents the "average" of a dataset. It is widely used in various fields, including statistics, mathematics, and data analysis, to summarize data and make informed decisions.