Arithmetic mean
The arithmetic mean of a set of numbers (or variables) is the sum of all the numbers, divided by the number of numbers - the average of the set. If we let denote Arithmetic Mean,

is the arithmetic mean of the numbers
.
For example, if I wanted to find the average of the numbers 3, 1, 4, 1, and 5, I would compute:

Arithmetic means show up frequently in contest problems, often in the AM-GM inequality or its variant, the RMS-AM-GM-HM inequality.