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1  How to find Average or Mean value? 
2  Average Formula 
3  Uses of Average Calculator 
4 
In math language, the "average" is commonly referred to as the "mean" or "mean number." In fact, in stats there are two other kinds of averages –"modus" and "medium." But the word "average" let you find mean of two numbers or group numbers in math, which can be calculated with fundamental addition and division.
How to find Average or Mean value?
The arithmetic mean or average can be easily find in a list of given numbers. The average is just the sum of the numbers in a particular problem, divided by the total number. For example, if four numbers are added in their sum, then the average or arithmetic mean is divided by four.
As mentioned above, average or arithmetic mean is sometimes mistaken for two other ideas: median and mode. The mode is the most common value in a number group, whereas the median is the center of the specified set.
Average Formula
Generally, by adding all of the numbers and then by dividing, you can calculate the mean of a number. For a group of numbers, $\lbrace x1, x2, x3,........... xj\rbrace$ the mean or average is the addition of all "x” divided by "j."
In simple words:
The mean of two digits is $x= \dfrac{(a+ b)}{2}$ where “X” is average and a, b are two digits.
Examples
Example 1
What’s the average of 8 and 10?
Solution:
Numbers added: $8+ 10 = 18$
Divided by total Numbers: $\dfrac{18}{2}= 09$
09 is the average number of 8 and 10.
Example 2
Calculate the average of the given numbers $24, 29, 31, 34, 42, 56$
Solution:
There are 6 Number So, add together all of the numbers and divide the total by 6 in order to get the mean.
Average $= \dfrac{(24 + 29 + 31 + 34 + 42 + 56)}{6}$
Average $= \dfrac{216}{6}$
Average $= 36$
Uses of Average Calculator
You should know how the mean or average of a series of figures can be calculated. It will enable you, among other stuff, to calculate your average grade point. However, for several other situations too, you will need to calculate the mean value.
The mean or average value makes it possible to better comprehend the most prevalent conditions for Economists, Demographers, Biologists, Statisticians, and others.
For example, by calculating and comparing an American family's average income with the average cost of a house, the extent of the financial difficulties faced by most American households may be better understood.
Likewise, by examining an average temperature at a given moment of year in a given region, probable weather can be predicted and a broad variety of appropriate choices can be made.

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