Mean Formula


Understand the arithmetic mean formula, including mathematical notation and step-by-step explanation for ungrouped and grouped data.

Mean = (Sum of all values) / (Total number of values)



The mean formula is used to calculate the arithmetic mean, a fundamental measure of central tendency in descriptive statistics. It determines the average value of a dataset by dividing the total sum of observations by the number of observations.

This page covers all major statistical mean formulas, including:

Arithmetic Mean Formula (Basic Formula)

The basic arithmetic mean formula is:

Mean = Σx / n

Arithmetic Mean Formula

Where:

This formula is used for ungrouped raw numerical data.

Sample Mean Formula

The sample mean represents the average of a subset of a population.

x̄ = Σx / n

Where:

The sample mean is commonly used in statistical estimation and inferential statistics.

Population Mean Formula

The population mean represents the true average of an entire population.

μ = Σx / N

Where:

The population mean is considered a population parameter.

Sample Mean vs Population Mean (Formula Comparison)


Feature

Sample Mean

Population Mean

Symbol

μ

Divisor

n

N

Data Used

Subset (Sample)

Entire Population

Type

Statistic

Parameter

This distinction is fundamental in statistical analysis.

Mean Formula for Grouped Data (Frequency Distribution)

When data is organized into a frequency table, the mean formula becomes:

Mean = Σfx / Σf

Where:

Steps:

  1. Determine the midpoint of each class interval

  2. Multiply each midpoint by its frequency

  3. Sum all fx values

  4. Divide by total frequency

This formula is used in statistical tables and frequency distributions.

Assumed Mean Formula (Shortcut)

The assumed mean method simplifies grouped data calculations.

Mean = A + (Σfd / Σf)

Where:

This method reduces computational complexity for large datasets.

Weighted Mean Formula

When values carry different levels of importance (weights), the weighted mean formula is used:

Weighted Mean = Σwx / Σw

Where:

The weighted mean is widely used in finance, economics, and academic grading systems.

Statistical Symbols Used in Mean Formulas


Symbol

Meaning

Σ

Summation

Sample mean

μ

Population mean

n

Sample size

N

Population size

f

Frequency

x

Observation

A

Assumed mean

d

Deviation

w

Weight

Statistical notation is essential for applying mean formulas correctly.

The mean formula is foundational for calculating variance, standard deviation, and other statistical measures.

Frequently Asked Questions About Mean Formula

What is the formula of mean?

The arithmetic mean formula is:

Mean = Σx / n

It divides the sum of observations by the total number of observations.

What is the difference between sample mean and population mean formula?

Sample mean uses x̄ = Σx / n, while population mean uses μ = Σx / N

What does Σ mean in statistics?

Σ (Sigma) represents summation. 

What is the shortcut formula of mean?

Mean = A + (Σfd / Σf)

It is used in grouped data to simplify calculations using an assumed mean.