Business A-Level
averages
What averages means in Business A-Level, as defined for AQA.
Definition of averages
Check what you remember
Read the wording for your board, then hide it and explain averages in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Summaries of data sets, where the arithmetic mean is the total divided by the count and a weighted mean is needed when items have different importance.
Topics that use averages
- Annex: quantitative skills in business (AQA A-Level)
Related terms
- analysis
- average rate of return
- axes and scales
- base year
- benchmarking
- break-even charts
- break-even output
- case study evidence
Using averages in the exam
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