# Arithmetic Mean Formula

## Arithmetic Mean Formula

The Arithmetic Mean Formula is used for finding the mean of data provided to students. This Arithmetic Mean Formula is most commonly used in Statistics and Economics. The formula uses the number of observations divided by the total number of observations to find the arithmetic mean of the equation.

## What is Arithmetic Mean Formula?

The Arithmetic Mean Formula has been provided for use by students in various classes and practical purposes.

### 1] Individual Series

The Arithmetic Mean Formula can be used to determine the mean of the series for this type of series. The formula can be applied to this type of progression called Individual series.

### 2] Discrete Series

This is another type of arithmetic progression. The Arithmetic Mean Formula can be applied to this type of progression called discrete series.

### 3] Continuous Series

This type of progression is another type of series. The Arithmetic Mean Formula can be applied to this type of progression called continuous series.

### Steps to calculate Arithmetic Mean:

By knowing how the Arithmetic Mean Formula was created, students will have a better grasp of why it is so important that they study it. Studying the formula for Arithmetic Mean derivation can help students have a better understanding of its historical roots and potential uses. Students will be able to rapidly apply the technique to find solutions to different kinds of mathematical and statistical problems. Students who understand the roots of the formula will be able to modify it or use it in different situations to calculate the mean of any kind of series.

### Limitations of the Arithmetic Mean:

Every formula has limitations to how it can be used to make things easier for students. As students know, nothing is perfect and everything exists with errors. The Arithmetic Mean Formula also has quite a lot of limitations just like other formulas.

### Solved Examples

For students to learn how to correctly use the Arithmetic Mean Formula and how to creatively use it to find the best and simplest way to solve a problem, Extramarks has offered a number of instances of the formula that have been solved.