Define average.
The average is the center value of the dataset, which represents the entire dataset. The four types of average are :
- Mean : The average is the sum of the values in the dataset divided by the number of data values.
- Median : It is the middlemost value of a data set.
- Mode : The most frequently occurring data value or a data value which occurs at maximum number of times.
- Mid-range : The arithmetic mean of the highest and least value of a data set.