A measure of central tendency. The result of adding all the values of a variable and dividing by the number of values. For example, the (arithmetic mean) of 3, 5, and 10 is 18 divided by 3, or 6.
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Automated Valuation Metrics
A measure of central tendency. The result of adding all the values of a variable and dividing by the number of values. For example, the (arithmetic mean) of 3, 5, and 10 is 18 divided by 3, or 6.
« Back to Glossary Index