Average

Definition and stakes

Portrait of John Stuart Mill John Stuart Mill,  Principles of Political Economy (1871)

“ A mere average, therefore, might lead to conclusions only the more misleading, for their deceptive semblance of accuracy. There would be less danger of error in taking the average of only a small number of years, and correcting it by a conjectural allowance for the character of the seasons, than in trusting to a longer average without any such correction. ”
Source: Wikisource

William Fleetwood Sheppard,  1911 Encyclopedia Britannica (1911)

“ An average is found by adding together several measurements of the same kind and dividing by the number of measurements. In calculating an average it should be observed that the addition of any numerical quantity (positive or negative) to each of the measurements produces the addition of the same quantity to the average, so that the calculation may often be simplified by taking some particular measurement as a new zero from which to measure. ”
Source: Wikisource

Portrait of Arthur Conan Doyle Arthur Conan Doyle,  The Sign of the Four (1890)

“ 'Winwood Reade is good upon the subject,' said Holmes. 'He remarks that, while the individual man is an insoluble puzzle, in the aggregate he becomes a mathematical certainty. You can, for example, never foretell what any one man will do, but you can say with precision what an average number will be up to. Individuals vary, but percentages remain constant. So says the statistician. ”
Source: Wikisource

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