Definition of Average Value. Average fixed cost Total fixed cost Quantity of units produced. Use AVERAGE and LARGE in Excel to calculate the average of the top 3 numbers in a data set.
If you have a set of numbers the average is found by adding all numbers in the set and dividing their sum by the total number of numbers added in the set.
Where the sum is the result of adding all of the given numbers and the count is the number of values being added. Find average molecular mass. Finding the average Finding the average or the mean is a very straightforward concept. If you use the average atomic masses instead of the mass of a specific isotope the answer is the average mass of the molecule as found in a naturally occurring sample.