Mean levels

Definition

Mean levels refer to the average values of a particular variable within a given set of data. It is calculated by summing all the values and dividing it by the total number of observations.

Related terms

Median:

The middle value in a set of data when arranged in ascending or descending order.

Mode:

The value that appears most frequently in a set of data.

Range:

The difference between the highest and lowest values in a set of data.