The mean, also known as the average, is a measure of central tendency that represents the sum of a set of numbers divided by the number of elements in the set. It is commonly used to describe the typical value of a set of numbers.
To calculate the mean of a set of numbers, you add up all the numbers and then divide by the total number of values. The formula for calculating the mean is:
Mean (μ) = (Sum of all values) / (Number of values)
Let's calculate the mean for the following set of numbers: 5, 8, 12, 15, 20.
Mean (μ) = (5 + 8 + 12 + 15 + 20) / 5
Mean (μ) = 60 / 5
Mean (μ) = 12
Remember that the mean is just one way to describe the central tendency of a set of numbers, and it's important to consider other measures of central tendency, such as the median and mode, to fully understand the distribution of the data.