Aggregate
Term · Economic statistics · MLC-T-ECS-000039
The sum of the values for each of the elements in the universe. For example, aggregate household income is the sum of the income of all households in a given geographic area. Aggregates are frequently used in computing mean values (mean equals aggregate divided by universe count).
| Identifier | MLC-T-ECS-000039 |
|---|---|
| Field | Economic statistics |
| References | U.S. Census Bureau Glossary |
| See also | Mean; Universe |
Record as JSON
{
"id": "MLC-T-ECS-000039",
"term": "Aggregate",
"field": "Economic statistics",
"definition": "The sum of the values for each of the elements in the universe. For example, aggregate household income is the sum of the income of all households in a given geographic area. Aggregates are frequently used in computing mean values (mean equals aggregate divided by universe count).",
"see_also": [
"Mean",
"Universe"
],
"references": [
"U.S. Census Bureau Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/aggregate/"
}
Record 39 of 2,177 in Economic statistics terminology (MLC-0116). Request the full dataset.