👉 Mean, also known as arithmetic mean, is a statistical measure that calculates the average value of a set of numbers. To compute the mean, one adds up all the values in the dataset and then divides that sum by the total number of values. For instance, if you have the numbers 2, 4, 6, 8, and 10, the mean is (2+4+6+8+10)/5 = 30/5 = 6. This value represents the central tendency of the dataset, giving an idea of what a "typical" value might be in the context of the data.
