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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
The Mean. The mean is the most common measure of central tendency used by researchers and people in all kinds of professions. It is the measure of central tendency that is also referred to as the average. A researcher can use the mean to describe the data distribution of variables measured as intervals or ratios.