MLchartDataset catalogue

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).

Table 1. Record
IdentifierMLC-T-ECS-000039
FieldEconomic statistics
ReferencesU.S. Census Bureau Glossary
See alsoMean; 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.