Arithmetic mean: In statistics

In statistics, arithmetic mean is the average of the given set of numbers or observations. The arithmetic range is the difference between the highest value and lowest value in a set of observations. Arithmetic mean is also called average or simply mean . Learn how to find range and arithmetic mean with formulas, solved examples, and key differences. Understand arithmetic mean between two numbers and apply it easily. In Mathematics and Statistics, the Arithmetic Mean (AM) or Mean or Average is defined as the sum of all observations in the given data set divided by the total number of observations in the dataset. Arithmetic Mean, commonly known as the average , is a fundamental measure of central tendency in statistics. It is defined as the ratio of all the values or observations to the total number of values or observations.