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.
Raw score. In statistics and data analysis, a raw score is an original datum that has not been transformed. This may include, for example, the original result obtained by a student on a test (i.e., the number of correctly answered items) as opposed to that score after transformation to a standard score or percentile (%) rank or the like. Often the conversion must be made to a standard score before the data can be used. For example, an open ended survey question will yield raw data that cannot be used for statistical purposes as it is; however a multiple choice question will yield raw data that is either easy to convert to a standard score, or even can be used as it is.