Mean Calculation A21Ea0
1. Let's state a basic statistics problem: Find the mean (average) of the data set: 4, 8, 6, 5, 3.
2. The formula for the mean is:
$$\text{Mean} = \frac{\text{Sum of all data points}}{\text{Number of data points}}$$
3. Add all the numbers:
$$4 + 8 + 6 + 5 + 3 = 26$$
4. Count the number of data points:
There are 5 numbers.
5. Divide the sum by the number of data points:
$$\frac{26}{5} = 5.2$$
6. So, the mean of the data set is 5.2.
This means if all values were equal, each would be 5.2 to have the same total as the original data set.