 Arithmetic mean

For a nonempty finite list of real numbers $x_1,\dots ,x_n$, the arithmetic mean isIt is the weighted mean with equal weights, giving each observation equal influence. For $(2,4,9)$, the sum is $15$ and the arithmetic mean is $5$. Replacing every value by $5$ retains the same total. The residuals $-3,-1,4$ sum to zero, so the mean is also the balancing point of these equally weighted observations.

The arithmetic mean minimizes the sum of squared deviations by the weighted mean minimizes squared deviations identity with all weights one. A large input can consequently have a substantial effect: replacing $9$ by $90$ changes the mean to $32$, while the median remains $4$. The choice of summary depends on what aspect of the data matters.

The arithmetic mean, commonly referred to as the mean or average, is a measure of central tendency used to summarize a set of numbers. It is calculated by adding up all the values in a dataset and then dividing that sum by the total number of values.