Average
Table of Content:
Average Formulas
Average (Arithmetic Mean)
The average or arithmetic mean of a set of numbers is the sum of the numbers divided by the count of the numbers.
Weighted Average
The weighted average is calculated by multiplying each observation by its respective weight, summing these products, and then dividing by the total sum of the weights.
Average Speed
The average speed is the total distance traveled divided by the total time taken.
Harmonic Mean
The harmonic mean of a set of numbers is the number of observations divided by the sum of the reciprocals of the observations.
Geometric Mean
The geometric mean of a set of numbers is the nth root of the product of the numbers, where n is the number of observations.