1. What is the Average of Three Values?

The average (or arithmetic mean) of three values is calculated by summing the values and dividing by 3. It represents the central value of the dataset.

2. How Does the Calculator Work?

The calculator uses the simple average formula:

Where:

• Value1 — First numerical value
• Value2 — Second numerical value
• Value3 — Third numerical value

Explanation: The formula sums all three values and divides by the count of values (3) to find the arithmetic mean.

3. Importance of Calculating Average

Details: Calculating averages is fundamental in statistics, helping to understand central tendencies in data sets. It's widely used in academics, research, business analytics, and everyday life.

4. Using the Calculator

Tips: Enter any three numerical values (positive, negative, or decimal). The calculator will compute and display the average rounded to two decimal places.

5. Frequently Asked Questions (FAQ)

Q1: What's the difference between average and median?
A: Average is the sum divided by count, while median is the middle value when numbers are ordered. Average is affected by outliers.

Q2: Can I calculate average with more than three values?
A: Yes, the formula extends to any number of values: sum all values and divide by the count of values.

Q3: Does the order of values matter?
A: No, the average is the same regardless of the order of values due to the commutative property of addition.

Q4: How is average different from weighted average?
A: Weighted average multiplies each value by a weight factor before summing and dividing by the sum of weights.

Q5: What if one value is zero?
A: Zero is treated like any other value - it will lower the average proportionally to its weight in the calculation.