ON AVERAGE Meaning and
Definition
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"On average" is a phrase that denotes a statistical measure or estimation representing the typical value or outcome in a given set of data or circumstances. It refers to the mean or arithmetic average of a set of numerical values, which is calculated by adding up all the values in a sample or population and then dividing the sum by the total number of observations.
In practical terms, "on average" serves as a generalized representation or summary of a larger dataset. It is employed to describe the typical or expected value that can be anticipated within the context of the data being analyzed, taking into consideration the variations and fluctuations that may exist within the dataset.
This term finds wide usage in various fields, including economics, mathematics, sciences, and social sciences, where it provides a concise understanding of overall tendencies or trends. For instance, when discussing population growth, one might say "on average, the population increases by 2% per year." This implies that although there might be fluctuations in individual years, over an extended period, the annual growth rate tends to be around 2%.
"On average" is a valuable tool for summarizing data and capturing the central tendency of a given distribution. However, it is important to note that it may not reflect the individual variation within the dataset, as it is a measure that represents the entire dataset as a whole.
Common Misspellings for ON AVERAGE
- in average
- kn average
- ln average
- pn average
- 0n average
- 9n average
- ob average
- om average
- oj average
- oh average
- on zverage
- on sverage
- on wverage
- on qverage
- on acerage
- on aberage
- on agerage
- on aferage
- on avwrage
Etymology of ON AVERAGE
The term "on average" is composed of two words: "on" and "average".
The word "average" originated from the French word "avenir", which means "to come" or "to happen". It later morphed into "averaire" in Old French, referring to an estimate or a calculation based on a set of numbers. Eventually, it entered Middle English as "averay", retaining the same meaning.
The word "on" is derived from the Old English word "on", which signifies being in contact or in a position covering the surface of something.
When combined, "on average" implies being in the state or condition of being an estimated or calculated mean value based on a collection of data or circumstances.
Similar spelling word for ON AVERAGE
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