A trimmed mean is much like a standard mean, which you can derive in Excel using the AVERAGE function. However, instead of using all of the data points to create the mean, a trimmed mean will leave ...

Mean Formula: Check what is mean, its definition and its formula here. Also, get solved examples of calculating mean for grouped and ungrouped data using direct mean formula and assumed mean method.

Our Big Story in blportfolio dated March 3, 2024, explained how statistical measures can be used to navigate the stock market and make informed investment decisions. Following up on that, of course, ...