Mean, What do You Mean?

Citation
Miguel De Carvalho, Mean, What do You Mean?, American statistician , 70(3), 2016, pp. 270-274
Journal title
ISSN journal
00031305
Volume
70
Issue
3
Year of publication
2016
Pages
270 - 274
Database
ACNP
SICI code
Abstract
When teaching statistics we often resort to several notions of mean, such as arithmetic mean, geometric mean, and harmonic mean, and hence the student is often left with the question: The word mean appears in all such concepts, so what is actually a mean? I revisit Kolmogorov's axiomatic view of the mean, which unifies all these concepts of mean, among others. A population counterpart of the notion of regular mean, along with notions of regular variance and standard deviation will also be discussed here as unifying concepts. Some examples are used to illustrate main ideas