In this article we construct an upper prediction limit for the arithmetic mean of a future sample from a lognormal distribution. First, we present three approximate distributions for the total of the ...
The simplest way to find the average (mean) of a set of numbers is to use the AVERAGE function. This calculation gives you the arithmetic mean, which sums up all the numbers and divides the result by ...
The simple definition of a mean is that of a numeric quantity which represents the center of a collection of numbers. Here the trick lies in defining the exact type of numeric collection, as beyond ...
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