Average vs Mean
Average and Mean are often used interchangeably but are different in meaning. Listed below are the differences between average and mean:
Average | Mean |
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Average is defined as sum of terms on which we need to perform average divided by the total count of the number of terms. | Mean is the smallest term of all the given terms summed up with the largest term and then the result is divided by 2. as well as dividing sum of terms by total number of terms |
Average is recommended for calculation for terms that are close to each other. | Mean is recommended for calculation for terms that differ from each other and are not closely related. |
Average refers to be arithmetic mean of a given value set. | Mean can be referred for arithmetic, geometric or harmonic mean of a given value set. |
Here, the denominator is the collective sum of all the given terms for which we need to calculate average. | Here, the denominator is 2 or number of terms i.e. n based of the types of dataset given. |
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Difference between Average and Mean
Average and Mean, both have their significance in mathematics. Average and mean are considered to be similar but they have different meanings associated with them. There are different situations in our day-to-day lives, where we use the terms ‘mean’ and ‘average’ interchangeably. We use the word “Average” for any situation where we have to give a lump sum or approximate idea of a value. However, the word “Mean” is specifically used in the context of data in statistics. Both Average and Mean can be calculated by taking the sum of the given data and then dividing it by the total number of data.
In this article, we will explain both the terms mean and average and the difference between mean and average followed by solved problems on mean and average. At the end of the article, we will have some practice problems and FAQs related to mean and average.
Table of Content
- What is Average?
- What is Mean?
- Is Average and Mean the Same?
- Average vs Mean
- Solved Examples on Average & Mean
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