MEAN VALUE • DICTIONARY ONE.COM • Definition of Mean value

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/min vˈælju/ Listen

Mean value

noun

An average of n numbers computed by adding some function of the numbers and dividing by some function of n. Synonym: mean.

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Etymology of 'Mean value'

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"Mean value" Quotes from Famous Books

... handed down from the predatory culture are less serviceable than might be. Although even in this connection it is not to be overlooked that the energetic aggressiveness and pertinacity of predatory man is a heritage of no mean value. The economic value—with some regard also to the social value in the narrower sense—of these aptitudes and propensities is attempted to be passed upon without reflecting on their value as seen from another point of view. When contrasted with the prosy mediocrity of the latter-day ...

— The Theory of the Leisure Class • Thorstein Veblen

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... varies from five to fifteen per cent. In the year 1804, for instance, if the capital employed had been only 100,000 piastres, the raw produce, according to the value of sugar and rum, would have amounted to 94,000 piastres. Now, from 1797 to 1800, the price of a case of sugar was sometimes, mean value, forty piastres instead of twenty-four, which I was obliged to suppose in the calculation for the year 1825. When a sugar-house, a great manufacture or a mine is found in the hands of the person who first formed the establishment, the estimate of the ...

— Equinoctial Regions of America V3 • Alexander von Humboldt

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Words linked to "Mean value" : norm, geometric mean, harmonic mean, arithmetic mean, expectation, average, first moment, statistics, expected value