How to find the average of a set of numbers?

The average of a set of values is equal to the sum of the values divided by the number of values.

Answer: The average of a set of numbers is obtained by dividing the sum of the values by the number of values in the set.

The average of a set of numbers is also sometimes referred to as the mean of the numbers.

Explanation:

Assume we have a set of numbers for which we are asked to find the average of: 2, 9, 13, 24

The set consists of 4 numbers.

Average (or) Mean =  Sum of the Observations/Number of Observations

Here, the sum of the numbers = 2 + 9 + 13 + 24 = 48

Average = 48 / 4 = 12

Hence, the average of a set of numbers is obtained by dividing the sum of the values by the number of the values in the set.