The average (or mean) of a group of terms is the sum of the terms divided by the number of terms. Average = \({a_1 + a_2 + ... + a_n \over n}\)

An exponent (cb^e) consists of coefficient (c) and a base (b) raised to a power (e). The exponent indicates the number of times that the base is multiplied by itself. A base with an exponent of 1 equals the base (b¹ = b) and a base with an exponent of 0 equals 1 ( (b⁰ = 1).

A factorial has the form n! and is the product of the integer (n) and all the positive integers below it. For example, 5! = 5 x 4 x 3 x 2 x 1 = 120.

Arithmetic operations must be performed in the following specific order:

1. Parentheses
2. Exponents
3. Multiplication and Division (from L to R)
4. Addition and Subtraction (from L to R)

The acronym PEMDAS can help remind you of the order.

Percentages are ratios of an amount compared to 100. The percent change of an old to new value is equal to 100% x \({ new - old \over old }\).