Mean Value Function

A Mean Value Function is a statistic function that describes the central tendency of a numeric set.

• Context:
  • range: Mean Statistic Value.
  • It can range from being a Population Mean Function to being a Sample Mean Function.
• Example(s):
  • an Arithmetic Mean Function.
  • a Geometric Mean Function.
  • a Harmonic Mean Function.
  • an Expected-Value Function, for a random variable.
  • ...
• Counter-Example(s):
  • a Median Function.
• See: Central Tendency, First Moment, Expected Value.

References

2018

• https://docs.python.org/3/library/statistics.html#statistics.mean
  • QUOTE: statistics.mean(data) ...

    ... It is commonly called "the average", although it is only one of many different mathematical averages. ...

• Concept