Background for averages

averages

/ˈævərɪdʒɪz/ /ˈævrɪdʒɪz/

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noun

The arithmetic mean.

Examples :

"The average of 10, 20 and 24 is (10 + 20 + 24)/3 = 18."

math statistics number

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noun

Any measure of central tendency, especially any mean, the median, or the mode.

Examples :

""The teacher calculated several averages, including the mean, median, and mode, to understand the overall performance of the class on the exam." "

math statistics

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noun

(marine) Financial loss due to damage to transported goods; compensation for damage or loss.

Examples :

"The shipping company paid out significant averages after the storm damaged a large portion of the cargo of electronics. "

nautical finance insurance business economy

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noun

Customs duty or similar charge payable on transported goods.

Examples :

"The importer paid significant averages on the shipment of olive oil due to unexpected port fees and handling charges. "

economy business commerce

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noun

Proportional or equitable distribution of financial expense.

Examples :

"The family averages its monthly bills by splitting them evenly between the two parents' incomes. "

finance business economy math

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noun

An indication of a player's ability calculated from his scoring record, etc.

Examples :

"batting average"

sport statistics achievement

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noun

(in the plural) In the corn trade, the medial price of the several kinds of grain in the principal corn markets.

Examples :

"The report listed the averages for wheat, barley, and oats in Chicago, Minneapolis, and Kansas City to give farmers a sense of market prices. "

agriculture economy business statistics finance commerce

Illustration averages - Image 1

verb

To compute the average of, especially the arithmetic mean.

Examples :

"If you average 10, 20 and 24, you get 18."

math statistics

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verb

Over a period of time or across members of a population, to have or generate a mean value of.

Examples :

"I averaged 75% in my examinations this year."

statistics math number

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verb

To divide among a number, according to a given proportion.

Examples :

"to average a loss"

math statistics number amount

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verb

To be, generally or on average.

Examples :

"The student averages 80% on his math quizzes. "

math statistics

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noun

The service that a tenant owed his lord, to be done by the animals of the tenant, such as the transportation of wheat, turf, etc.

Examples :

"In the feudal system, a peasant's yearly averages might include transporting the lord's grain to the market using his oxen. "

property history agriculture service work