average calculation
11average — av|e|rage1 W2S2 [ˈævərıdʒ] adj 1.) the average amount is the amount you get when you add together several quantities and divide this by the total number of quantities ▪ The age of the candidates ranged from 29 to 49 with an average age of 37. ▪… …
12average — 1 adjective 1 (only before noun) the average amount is the amount you get when you add together several quantities and divide this by the total number of quantities: Average earnings in the state are about $1500 a month. | What s the average… …
13Average Indexed Monthly Earnings — The Average Indexed Monthly Earnings (AIME) is used in the United States Social Security system to calculate the Primary Insurance Amount which decides the value of benefits paid under Title II of the Social Security Act under the 1978 New Start… …
14average — /ˈævrɪdʒ/ (say avrij), /ˈævərɪdʒ / (say avuhrij) noun 1. an arithmetical mean. 2. a quantity intermediate to a set of quantities. 3. the ordinary, normal, or typical amount, rate, quality, kind, etc.; the common run. 4. Commerce a. a small charge …
15Average Price — 1. A representative measure of a range of prices that is calculated by taking the sum of the values and dividing it by the number of prices being examined. The average price reduces the range into a single value, which can then be compared to any …
16Average Indexed Monthly Earnings - AIME — A calculation used to determine the Primary Insurance Amount (PIA) amount used to value an individuals social security benefits. The Average Indexed Monthly Earnings (AIME) takes your top 35 highest earning years up to age 60 and indexes it for… …
17Average Cost Flow Assumption — A calculation used by companies to monitor inventory goods. The average cost flow assumption is one of a variety of cost flow assumption methods used to determine the cost of goods sold (COGS) and ending inventory. Companies use one or more… …
18Average Ticket — 1. For credit card vendors, a business s average ticket refers to a way of computing the average size of its individual sales by credit card. 2. For broker/dealers, average ticket means the trade size by a given customer, registered… …
19average — A calculation in which the mean value or rate is determined. The average speed is determined by dividing the distance by the time (e.g., 273 kilometers divided by 3 hours = 91 kph). Average fuel consumption is determined as a ratio of fuel and… …
20average daily balance — The average daily balance is a method used to calculate finance charges. It is calculated by adding the outstanding balance on each day in the billing period, and dividing that total by the number of days in the billing period. The calculation… …
