Definition, Meaning & Synonyms

mean-rate

Noun

/miːn reɪt/

Definition

The mean-rate refers to the average rate of something over a specific period of time or across a certain set of data.

Examples

The mean-rate of monthly sales increased by 20% this quarter.
If we calculate the mean-rate of rainfall, we can predict future weather patterns.
The mean-rate of student attendance improved significantly last year.

Meaning

In statistics and mathematics, mean-rate often describes an average speed, frequency, or amount, calculated by dividing the total quantity by the number of observations.