Definition, Meaning & Synonyms
average amount
Noun Phrase
/ˈæv.ər.ɪdʒ əˈmaʊnt/
Definition
A value that represents the central or typical value in a set of data, calculated by dividing the total sum of values by the number of values.
Examples
- The average amount spent on groceries per household has increased over the years.
- In a survey, the average amount of time people exercise each week was reported to be five hours.
- The average amount of rainfall in July usually varies across different regions.
Meaning
The average amount reflects a common measure of central tendency in statistics, indicating what is normal or expected in a given context.
Synonyms
- mean value
- typical amount
- median figure
