With penalties and minimum withdrawal requirements to consider, timing is of the utmost importance when taking money from your IRA. (Getty Images) Individual retirement accounts, commonly known as IRAs, are retirement fund staples for many people.
In statistics, the mean is the mathematical average of a set of numbers. The average is calculated by adding up two or more scores and dividing the total by the number of scores. Consider the following number set: 2, 4, 6, 9, 12. The average is calculated in the following manner: 2 + 4 + 6 + 9 + 12 = 33 / 5 = 6.6.
Standard Score. Standard Score is a set of scores that have the same mean and standard deviation so they can be compared. We will use IQ as our common example to stitch all of this together. Mean is the average of all of the scores and in the very center of a plotted graph of scores (this will be explored later).tandard Score is a set of scores that have the same mean and standard deviation so they can be compared. We will use IQ as our common example to stitch all of this together.