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TeachMeFinance.com - explain Average Average The term 'Average' as it applies to the area of basic math can be defined as 'the result of the sum of all the numbers in a data set divided by the number of elements in that data set'. The term 'Average' as it applies to the area of reclamation can be defined as ' The arithmetic mean. The sum of the values divided by the number of values'. Previous 5 Terms: aval Avalanche Avalanche Advisory AVBL aveniform Next 5 Terms: Average Annual Percent Change (Coal) Average annual runoff Average daily production Average degree of consolidation Average delivered price About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.