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What "Mean" Means?

Written by Rohit Joshi | Oct 11, 2024 10:56:52 PM

The word "mean" carries more weight than most realize. In everyday conversations, it can suggest cruelty or describe the middle ground. But in mathematics, the term has multiple meanings that can trip us up if we aren't careful. Let’s take a journey through some common scenarios where computing the "average" can go awry, and in doing so, reveal the true power of understanding the different types of means: arithmetic, harmonic, and geometric.

Problem 1: Driving at Two Different Speeds for Two Hours

Imagine you’re driving. For the first hour, you’re leisurely cruising at 20 miles per hour (mph). For the second hour, you're speeding up to 40 mph. What’s your average speed?

A common mistake is to think, "Well, let’s just average the two speeds:

But, is this right?

In this case, the arithmetic mean works perfectly because we’re dealing with equal time intervals. You spent the same amount of time going 20 mph as you did going 40 mph, so averaging those two numbers makes sense. The arithmetic mean gives you the correct average speed—30 mph—over the two hours.

Problem 2: Driving at Two Different Speeds for Two Distances

Now, let’s change things a bit. You drive 100 miles at 20 mph, and then 100 miles at 40 mph. What’s your average speed now?

If you try to use the same approach, you might be tempted to compute:

But hold on—this doesn't quite capture the full story. The trips took different amounts of time! Driving 100 miles at 20 mph took you 5 hours, while driving 100 miles at 40 mph only took 2.5 hours. To get the correct average speed for a journey with unequal time intervals, we need to use the harmonic mean:

The harmonic mean takes into account the different times you spent at each speed and gives a more accurate representation of your average.

Problem 3: Stock Yield Over Two Years

Let’s move from driving to investing. Suppose you invested in a stock that gave a 10% yield in the first year and a 20% yield in the second year. What’s your average annual yield over the two years?

Again, you might think the answer is simple:

However, that’s not how stock growth works. Your portfolio grows by a factor in each year:

- After the first year, it grows by 1.10 (representing 10% growth).

- After the second year, it grows by 1.20 (representing 20% growth).

To find the correct average, we need to use the geometric mean:

Here, the geometric mean accounts for the compounding nature of stock returns, giving us a more accurate picture of the average growth rate.

The Key Takeaway: Not All Means Are Equal

So, what does “mean” actually mean? As we’ve seen, depending on the situation—whether we’re averaging over time, distance, or growth—the correct way to calculate the average can change. The arithmetic mean, harmonic mean, and geometric mean are all ways to capture different types of relationships between numbers, and blindly using one over the other can lead to misleading conclusions.

Learning the Right Mean

When you studied math, did you ever think about which kind of "mean" you were using? In school, we learn the arithmetic mean as a go-to method for calculating averages, but concepts like the harmonic and geometric mean are often left for advanced studies. According to the Common Core Standards (6.SP.B.5), students are introduced to the arithmetic mean early on in their education but understanding when to apply more nuanced forms like the harmonic or geometric mean comes much later—if at all.

In real life, knowing which mean to use is crucial for understanding everyday situations like driving speeds, financial returns, or even physics problems. Yet, it’s not always clear in traditional education when or why we should choose one method over another.

Why This Matters: From Abstract to Concrete Understanding

Understanding different types of means is a great example of why abstract concepts in math can be so tricky. It's one thing to memorize formulas; it's another to apply them correctly. Without grounding these ideas in real-world problems, it’s easy to get lost. This is where multi-modal learning—using different ways to present information—comes in. We can help students not only understand these abstract concepts but also remember when and how to use them by combining visual aids, real-world examples, and hands-on problem-solving.

At Starspark.ai, we are focused on building conceptual knowledge through multi-modal interactions. This approach helps bridge the gap between abstract concepts and real-world applications. In a world where math increasingly drives decision-making, having a deep, intuitive understanding of concepts like the mean can make a world of difference. The next time you calculate an average, ask yourself: What "mean" do I really mean?