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The arithmetic mean is the most common measure of central tendency. It is simply the sum of the numbers divided by the number of numbers. The symbol Î¼ is used for the mean of a population. The symbol M is used for the mean of a sample. The formula for Î¼ is shown below: Î¼ = Î£X/N
C1:D4. Note The AVERAGEIF function measures central tendency, which is the location of the center of a group of numbers in a statistical distribution. The three most common measures of central tendency are: