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Mean — AQA GCSE Business Definition | GradeGen

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Business
Key terms
Mean

GCSE Business · key term

Mean

Definition

An average calculated by adding all the values and dividing by the number of values.

Used by AQA

How each exam board covers it

AQA GCSE Business · 8132

Paper 1, Paper 2

The negative sign means a decrease: the price has fallen by 10%.
Revise: Performing Business Calculations

AQA Business past papers

Related key terms

Average rate of return
Cash flow forecast
Cash inflow
Cash outflow
Closing balance

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Gross profit margin