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.
Mean Calculation A21Ea0
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