![]() There are multiple ways to calculate the mean. There are different ways of measuring the central tendency of a set of values. Learn more about other mathematical concepts with CFI’s Math for Corporate Finance Course. The concept is used in various financial fields, including but not limited to portfolio management and business valuation. ![]() ![]() It is a statistical concept that carries a major significance in finance. It is also referred to as an expected value. In statistics, it is a measure of central tendency of a probability distribution along median and mode. The mean is the average or the most common value in a collection of numbers. Mean is an essential concept in mathematics and statistics.
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