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Glossary   >   A   >   "Arithmetic mean" Definition            Arithmetic mean The correct term for what most people call the "average". Often shortened to "mean".Calculated by adding up a series of values and dividing the total by the number of values.E.g. 1+2+3+4+5+6+7 = 28. The mean is 28 divided by 7 which equals 4. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Arithmetic mean - The correct term for what most people call the "average". Often shortened to "mean".Calculated by adding up a series of values and dividing the total by the number of values.E.g. 1+2+3+4+5+6+7 = 28. The mean is 28 divided by 7 which equals 4.