Mean Homework Help
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Mean is an arithmetic average of a range of quantities or values which can be calculated by dividing the total value by number of values. It is a commonly used measure of central tendency. Mean is a basic mathematical function which is used to understand population. It is the most common and best method for measuring the mid point (around which all the quantities cluster) of a set of quantities or values. For instance, the mean height of a population can be calculated by dividing the sum of heights of every individual to total number of individual. For small samples, the sample mean may differ from population mean. It is better defined by Mean Homework Help.
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Types of Mean
Types of Mean given by Mean Homework Help are
• Arithmetic Mean- Arithmetic mean is simply the average. It can be calculated by dividing the sum of all the values in the data set by number of items in the sample. It is a good representation of data as it uses every value in the data. Repeated samples from same population have similar means. Therefore mean best resists the fluctuation between different populations. Arithmetic’s are given by Mean Homework Help.
• Geometric mean- Geometric mean is useful for set of positive numbers. It is nth root of product of observation. It can also be defined as log of arithmetic mean value.
• Harmonic Mean- It can be defined as the reciprocal of arithmetic mean of a set of observations. It is used to determine the average sample size of a number of groups each having different population.
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