Hi all!
So far I know that the mean is a number that when multiplied by the number of numbers in the set will equal the sum of the numbers in the set.
With only two numbers I can see that calculating the mean gives you the number midway between them -- but I don't really understand how to think about the mean of more than two numbers.
How can I think about a midway point between say three numbers? Does anyone have any tips?
Thanks.
The mean is one kind of descriptive statistic that summarizes multiple numbers. It is a simplification to permit understanding. There are several means; the arithmetic mean that you are discussing is just one of them. Means measure the "central tendency" of a collection of related numbers, but there are other measures of central tendency such as the median and the mode. Which measure is best is studied in statistics. But the arithmetic mean that you are asking about is far and away the most frequently used measure of central tendency, in part because it is amazingly easy to calculate: you add all the numbers up and divide that sum by the number of summands. A third grader can do it.
Descriptive statistics are not very valuable if you are summarizing a small number of numbers. But suppose you have to deal with ten thousand numbers. They will become a big blur. Summarizing is necessary if the numbers are to be useful to the human mind.
Now you are technically correct that the arithmetic mean of a collection of related numbers multiplied by the number of numbers in the collection equals the sum of all the numbers in the collection. That is a true statement. But it gives no clue as to why the arithmetic mean is somehow "typical" of the numbers in the collection. Suppose you have a collection of n numbers and another collection of n numbers each of which is equal to the arithmetic mean of the numbers in the first collection. The sums of the numbers in each collection will be identical: the two collections have the exact same sum.
Collection A consists of 1, 2, 6, 11. Collection B consists of 5, 5, 5, 5. Both collections have the same number of elements, namely 4. And both collections have the same sum, namely 20. So it is reasonable (at least for some purposes) to say that we can think of 5 being the typical number of Collection A even though 5 is not even in Collection A.
As I say, the process does not seem very useful when dealing with a collection of just four numbers, but think about a collection of forty numbers, or four hundred numbers, or four million numbers. You will want to summarize them. And you will KNOW that a collection of the same size consisting solely of the arithmetic mean repeated over and over again will have the same total value.