The term "average" refers to the sum of a set of numbers divided by the number of values in the set. It is a measure of central tendency and is used to describe the typical value of a dataset. There are several types of averages, but the most common ones are:
1. Mean: This is the most commonly used average. It is calculated by adding up all the numbers in the dataset and then dividing by the total number of values. The formula for the mean is:
[ text{Mean