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Monday, February 23, 2015

The Mean is also called, "The Balance Point"

  • Mean can be defined as the point on a number line where the data distribution is balanced. This means that the sum of the distances from the mean of all the points above the mean is equal to the sum of the distances of all the data points below the mean. This is the concept of mean as the balance point. 
  • On a number line, this means the sum of all the points on the left side are equal to the sum of the points on the right side.

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