Arithmetic Mean
The arithmetic mean is a measure of central tendency that represents the average of a set of numbers. To calculate it, you add all the values together and then divide by the total number of values. For example, if you have the numbers 2, 4, 6, you would add them to get 12 and then divide by 3, resulting in an arithmetic mean of 4.
This concept is widely used in various fields, including statistics, finance, and education, to summarize data and make comparisons. The arithmetic mean is particularly useful because it provides a simple way to understand the overall trend of a dataset.