Definition of mean
- she means to win
- he throws, I mean, hard
- we try to answer what we can, but I mean we're not God
- —Bobbie Ann Mason
- I was meant to teach
- health means everything
- His criticism was meant for all of us.
- he means well
The word meant one thing in Shakespeare's day, but it means something else now.
Red means “stop” and green means “go.”
Can you tell me what my dream means?
What was meant by the poet?
Don't distort what she meant by taking her words out of context.
He's very ambitious, and I mean that as a compliment.
It's a very easy question. Anyone, and I mean anyone, should be able to answer it.
She's not getting any thinner, if you know what I mean.
She says she didn't mean anything by what she did.
I don't trust him. He means no good.
First Known Use: before 12th centurySee Words from the same year
Take all these temperatures and calculate their mean.
trying to find a golden mean between doing too little and doing too much
The mean is the average of a series of numbers.
The formula for calculating a mean is:
Mean = (X1 + X2 + X3 + ... +XN) / N
where X1, X2, X3, XN are the values of the observations being averaged and N equals the number of observations
Let's assume that you would like to find the mean price of Company XYZ for the last four years. Here are the stock prices for each of the four years:
Year 1: $10
Year 2: $15
Year 3: $20
Year 4: $25
Using this information and the formula above, we can calculate that the mean price of Company XYZ is:
($10 + $15 + $20 + $25) / 4 = $17.50
The mean is always between the smallest and the largest of the numbers in the set.
The mean allows investors to gain some insight into stock prices, economic data, and a host of other information. For instance, if Company XYZ's stock price is trading above the mean, it could indicate that the stock is overvalued.
It is important to note that means are not very useful if the underlying data is erratic. That's because one "outlier" could artificially increase or decrease a mean to a point where it is no longer reflects the nature of the bulk of the underlying data. This is one reason some analysts prefer to use weighted averages in certain circumstances.
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