average
v. have a mean of -, have a median of - adj. intermediate; regular, common n. mean, median | ||||
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Average definition was found in categories: Business & Finance(2) Language, Idioms & Slang(4) Law(1) Medicine(1) Sports(1) Arts & Humanities(1) Entertainment & Music(2) Science & Technology(1) Encyclopedia(1)
Average Definition from Business & Finance Dictionaries & Glossaries
| Campbell R. Harvey's Hypertextual Finance Glossary |
Average
An arithmetic mean return of selected stocks intended to represent the behavior of the market or some component of it. One good example is the widely quoted Dow Jones Industrial Average, which adds the current prices of the 30 DJIA stocks, and divides the results by a predetermined number, the divisor.
An arithmetic mean return of selected stocks intended to represent the behavior of the market or some component of it. One good example is the widely quoted Dow Jones Industrial Average, which adds the current prices of the 30 DJIA stocks, and divides the results by a predetermined number, the divisor.
| Raynet Business & Marketing Glossary |
Average
a general term that is used to represent or summarise the relevant features of a set of values. The arithmetic mean is often used as a measure of average, but the median and the mode can also be used to summarise a set of values.
a general term that is used to represent or summarise the relevant features of a set of values. The arithmetic mean is often used as a measure of average, but the median and the mode can also be used to summarise a set of values.
Average Definition from Language, Idioms & Slang Dictionaries & Glossaries
| Webster's Revised Unabridged Dictionary (1913) |
Average
(v. t.)
To find the mean of, when sums or quantities are unequal; to reduce to a mean.
(v. t.)
To do, accomplish, get, etc., on an average.
(v. t.)
To divide among a number, according to a given proportion; as, to average a loss.
(v. i.)
To form, or exist in, a mean or medial sum or quantity; to amount to, or to be, on an average; as, the losses of the owners will average twenty five dollars each; these spars average ten feet in length.
(n.)
The equitable and proportionate distribution of loss or expense among all interested.
(n.)
That service which a tenant owed his lord, to be done by the work beasts of the tenant, as the carriage of wheat, turf, etc.
(n.)
In the English corn trade, the medial price of the several kinds of grain in the principal corn markets.
(n.)
Any medial estimate or general statement derived from a comparison of diverse specific cases; a medium or usual size, quantity, quality, rate, etc.
(n.)
Any charge in addition to the regular charge for freight of goods shipped.
(n.)
A tariff or duty on goods, etc.
(n.)
A mean proportion, medial sum or quantity, made out of unequal sums or quantities; an arithmetical mean. Thus, if A loses 5 dollars, B 9, and C 16, the sum is 30, and the average 10.
(n.)
A contribution to a loss or charge which has been imposed upon one of several for the general benefit; damage done by sea perils.
(a.)
Pertaining to an average or mean; medial; containing a mean proportion; of a mean size, quality, ability, etc.; ordinary; usual; as, an average rate of profit; an average amount of rain; the average Englishman; beings of the average stamp.
(a.)
According to the laws of averages; as, the loss must be made good by average contribution.
(v. t.)
To find the mean of, when sums or quantities are unequal; to reduce to a mean.
(v. t.)
To do, accomplish, get, etc., on an average.
(v. t.)
To divide among a number, according to a given proportion; as, to average a loss.
(v. i.)
To form, or exist in, a mean or medial sum or quantity; to amount to, or to be, on an average; as, the losses of the owners will average twenty five dollars each; these spars average ten feet in length.
(n.)
The equitable and proportionate distribution of loss or expense among all interested.
(n.)
That service which a tenant owed his lord, to be done by the work beasts of the tenant, as the carriage of wheat, turf, etc.
(n.)
In the English corn trade, the medial price of the several kinds of grain in the principal corn markets.
(n.)
Any medial estimate or general statement derived from a comparison of diverse specific cases; a medium or usual size, quantity, quality, rate, etc.
(n.)
Any charge in addition to the regular charge for freight of goods shipped.
(n.)
A tariff or duty on goods, etc.
(n.)
A mean proportion, medial sum or quantity, made out of unequal sums or quantities; an arithmetical mean. Thus, if A loses 5 dollars, B 9, and C 16, the sum is 30, and the average 10.
(n.)
A contribution to a loss or charge which has been imposed upon one of several for the general benefit; damage done by sea perils.
(a.)
Pertaining to an average or mean; medial; containing a mean proportion; of a mean size, quality, ability, etc.; ordinary; usual; as, an average rate of profit; an average amount of rain; the average Englishman; beings of the average stamp.
(a.)
According to the laws of averages; as, the loss must be made good by average contribution.
| WordNet 2.0 |
average
Noun
1. a statistic describing the location of a distribution; "it set the norm for American homes"
(synonym) norm
(hypernym) statistic
(hyponym) age norm
(derivation) average out
(classification) statistics
Verb
1. amount to or come to an average, without loss or gain; "The number of hours I work per work averages out to 40"
(synonym) average out
(hypernym) total, number, add up, come, amount
(derivation) norm
2. achieve or reach on average; "He averaged a C"
(hypernym) achieve, accomplish, attain, reach
(derivation) norm
3. compute the average of
(synonym) average out
(hypernym) calculate, cipher, cypher, compute, work out, reckon, figure
(derivation) norm
(classification) arithmetic
Adjective
1. approximating the statistical norm or average or expected value; "the average income in New England is below that of the nation"; "of average height for his age"; "the mean annual rainfall"
(synonym) mean(a)
(similar) normal
(classification) statistics
2. lacking special distinction, rank, or status; commonly encountered; "average people"; "the ordinary (or common) man in the street"
(synonym) ordinary
(similar) common
3. of no exceptional quality or ability; "a novel of average merit"; "only a fair performance of the sonata"; "in fair health"; "the caliber of the students has gone from mediocre to above average"; "the performance was middling at best"
(synonym) fair, mediocre, middling
(similar) ordinary
4. around the middle of a scale of evaluation of physical measures; "an orange of average size"; "intermediate capacity"; "a plane with intermediate range"; "medium bombers"
(synonym) intermediate, medium
(similar) moderate
5. relating to or constituting the most frequent value in a distribution; "the modal age at which American novelists reach their peak is 30"
(synonym) modal(a)
(similar) normal
(classification) statistics
6. relating to or constituting the middle value of an ordered set of values (or the average of the middle two in an even-numbered set); "the median value of 17, 20, and 36 is 20"; "the median income for the year was $15,000"
(synonym) median(a)
(similar) normal
(classification) statistics
Noun
1. a statistic describing the location of a distribution; "it set the norm for American homes"
(synonym) norm
(hypernym) statistic
(hyponym) age norm
(derivation) average out
(classification) statistics
Verb
1. amount to or come to an average, without loss or gain; "The number of hours I work per work averages out to 40"
(synonym) average out
(hypernym) total, number, add up, come, amount
(derivation) norm
2. achieve or reach on average; "He averaged a C"
(hypernym) achieve, accomplish, attain, reach
(derivation) norm
3. compute the average of
(synonym) average out
(hypernym) calculate, cipher, cypher, compute, work out, reckon, figure
(derivation) norm
(classification) arithmetic
Adjective
1. approximating the statistical norm or average or expected value; "the average income in New England is below that of the nation"; "of average height for his age"; "the mean annual rainfall"
(synonym) mean(a)
(similar) normal
(classification) statistics
2. lacking special distinction, rank, or status; commonly encountered; "average people"; "the ordinary (or common) man in the street"
(synonym) ordinary
(similar) common
3. of no exceptional quality or ability; "a novel of average merit"; "only a fair performance of the sonata"; "in fair health"; "the caliber of the students has gone from mediocre to above average"; "the performance was middling at best"
(synonym) fair, mediocre, middling
(similar) ordinary
4. around the middle of a scale of evaluation of physical measures; "an orange of average size"; "intermediate capacity"; "a plane with intermediate range"; "medium bombers"
(synonym) intermediate, medium
(similar) moderate
5. relating to or constituting the most frequent value in a distribution; "the modal age at which American novelists reach their peak is 30"
(synonym) modal(a)
(similar) normal
(classification) statistics
6. relating to or constituting the middle value of an ordered set of values (or the average of the middle two in an even-numbered set); "the median value of 17, 20, and 36 is 20"; "the median income for the year was $15,000"
(synonym) median(a)
(similar) normal
(classification) statistics
| hEnglish - advanced version |
average
average
\av"er*age\ (&?;), a.
1. pertaining to an average or mean; medial; containing a mean proportion; of a mean size, quality, ability, etc.; ordinary; usual; as, an average rate of profit; an average amount of rain; the average englishman; beings of the average stamp.
2. according to the laws of averages; as, the loss must be made good by average contribution.
average
\av"er*age\ (&?;), n. [of. average, ll. averagium, prob. fr. of. aver, f. avoir, property, horses, cattle, etc.; prop. infin., to have, from l. habere to have. cf. f. avérage small cattle, and avarie (perh. of different origin) damage to ship or cargo, port dues. the first meaning was perh. the service of carting a feudal lord's wheat, then charge for carriage, the contribution towards loss of things carried, in proportion to the amount of each person's property. cf. aver, n., avercorn, averpenny.] 1. (old eng. law) that service which a tenant owed his lord, to be done by the work beasts of the tenant, as the carriage of wheat, turf, etc.
2. [cf. f. avarie damage to ship or cargo.] (com.) (a) a tariff or duty on goods, etc. [obs.] (b) any charge in addition to the regular charge for freight of goods shipped. (c) a contribution to a loss or charge which has been imposed upon one of several for the general benefit; damage done by sea perils. (d) the equitable and proportionate distribution of loss or expense among all interested.
similar words(4)
on an average
general average
particular average
gross average
average
\av"er*age\ (&?;), a.
1. pertaining to an average or mean; medial; containing a mean proportion; of a mean size, quality, ability, etc.; ordinary; usual; as, an average rate of profit; an average amount of rain; the average englishman; beings of the average stamp.
2. according to the laws of averages; as, the loss must be made good by average contribution.
average
\av"er*age\ (&?;), n. [of. average, ll. averagium, prob. fr. of. aver, f. avoir, property, horses, cattle, etc.; prop. infin., to have, from l. habere to have. cf. f. avérage small cattle, and avarie (perh. of different origin) damage to ship or cargo, port dues. the first meaning was perh. the service of carting a feudal lord's wheat, then charge for carriage, the contribution towards loss of things carried, in proportion to the amount of each person's property. cf. aver, n., avercorn, averpenny.] 1. (old eng. law) that service which a tenant owed his lord, to be done by the work beasts of the tenant, as the carriage of wheat, turf, etc.
2. [cf. f. avarie damage to ship or cargo.] (com.) (a) a tariff or duty on goods, etc. [obs.] (b) any charge in addition to the regular charge for freight of goods shipped. (c) a contribution to a loss or charge which has been imposed upon one of several for the general benefit; damage done by sea perils. (d) the equitable and proportionate distribution of loss or expense among all interested.
similar words(4)
on an average
general average
particular average
gross average
| Concise English-Irish Dictionary v. 1.1 |
average
meán
meán
Average Definition from Law Dictionaries & Glossaries
| The 'Lectric Law Library |
Average
Any loss or damage due to insured perils that is less than a total loss. Two types of average occur: Particular Average and General Average.
Any loss or damage due to insured perils that is less than a total loss. Two types of average occur: Particular Average and General Average.
Average Definition from Medicine Dictionaries & Glossaries
| Dictionary of Medicine (Shahram) |
average
1
noun
(a) usual amount, size, rate, etc.; her weight is above (the) average
(b) value calculated by adding together several quantities and then dividing the total by the number of quantities
2
adjective
(a) usual, ordinary; their son is of above average weight
(b) calculated by adding together several quantities and then dividing the total by the number of quantities; their average age is 25
1
noun
(a) usual amount, size, rate, etc.; her weight is above (the) average
(b) value calculated by adding together several quantities and then dividing the total by the number of quantities
2
adjective
(a) usual, ordinary; their son is of above average weight
(b) calculated by adding together several quantities and then dividing the total by the number of quantities; their average age is 25
Average Definition from Sports Dictionaries & Glossaries
| maritime&shipping&trade |
Average
See insurance.
See insurance.
Average (Particular)
A fortuitous partial loss of insured property proximately caused by an insured peril, but which is not a general average loss.
Average Definition from Arts & Humanities Dictionaries & Glossaries
| English-Latin Online Dictionary |
average
mediocris
mediocris
Average Definition from Entertainment & Music Dictionaries & Glossaries
| american horse racing dictionary |
Average
Earnings Index (AEI) A breeding statistic that compares racing earnings of a stallion or mare's foals to those of all other foals racing at that time. An AEI of 1.00 is considered average, 2.00 is twice the average, 0.50 half the average, etc.
Earnings Index (AEI) A breeding statistic that compares racing earnings of a stallion or mare's foals to those of all other foals racing at that time. An AEI of 1.00 is considered average, 2.00 is twice the average, 0.50 half the average, etc.
| English to Federation-Standard Golic Vulcan |
Average
bov, bov-tor
bov, bov-tor
Average (adj.)
bov-, bovik
Average Definition from Science & Technology Dictionaries & Glossaries
| Common Concepts in Statistics |
Mean (or average)
The sum of all data values divided by the number of elements in the distribution. Unlike the median and the mode, it is not appropriate to use the mean to characterise a skewed distribution (see also standard deviation).
The sum of all data values divided by the number of elements in the distribution. Unlike the median and the mode, it is not appropriate to use the mean to characterise a skewed distribution (see also standard deviation).
Average Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Average
In mathematics, an average, or central tendency of a data set refers to a measure of the "middle" or "expected" value of the data set. There are many different descriptive statistics that can be chosen as a measurement of the central tendency of the data items. The most common method is the arithmetic mean, but there are more than one type of average (median being another common example).
| See more at Wikipedia.org... |