Simple average
From ACT Wiki
Statistics.
A simple average is an average calculated without weighting factors.
For example, the simple average of 10% and 3.6% is:
(10% + 3.6%) / 2
= 6.8%
Statistics.
A simple average is an average calculated without weighting factors.
For example, the simple average of 10% and 3.6% is:
(10% + 3.6%) / 2
= 6.8%