Mean formulas for populations and samples In research, you often collect data from samples and perform inferential statistics to understand the population they came from. Mean Formula (Table of Contents) Mean Formula Examples of Mean Formula (With Excel Template) Mean Formula Calculator Mean Formula The mean , also known as the arithmetic average, is a statistical measure used to determine the center of a dataset. It is calculated by summing all the data points and dividing the sum by the number of data points in the set. The mean plays a fundamental role in data analysis and is a common method for measuring central tendency. When the population dataset is too ... Learn the Mean Formula for grouped and ungrouped data with step-by-step examples. Understand how to calculate the arithmetic mean using formulas . The formulas to find the mean for ungrouped data and grouped data are different. In this section, you will learn the method of finding the mean for both of these instances.