Valence of average numbers

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The valence of average numbers was first introduced by the German Banker Thomas M. Meine in 1977 "Wertigkeit bei Durchschnittszahlen" (valence of average-numbers). Long before PCs made life (and the keeping of data-bases) easier, he introduced the method of giving calculated average values a valence-number, that is to say, an average based on 450 individual numbers would have a "Wertigkeit" (valence) of 450.

Let's assume the average would be 123,99422 from that calculation, it would be expressed as 123,99422/W450

Adding 2 new individual numbers to that average-count (f.i. 120,50 and 159,70) would result in:

(X x 450 + 120,50 + 159,70) / (XW + 2)

whereby X represents the existing average and XW the existing valence plus the number of new items added.

The new average would therefore be 124,06548 and expressed as 124,06548/W452

The letter "W" refers to the German expression "Wertigkeit" (valence), but he also created a new word for international adaptation based on a Latin/English combination analogous to the word "bivalence" (having the valence of two) and called it "totusvalence" (having the value of all). You therefore also see the use of "TV" instead of the "W" in this connection.

Thomas Meine always strongly spoke up for the introduction of the metric system in the USA. Whilst being a foreign student at the Northern Virginia Community College, USA in the late 60's, he was working part-time at E.J. Korvette, a chain of discount stores, at Bailey's Crossroads, Fairfax County, Virginia, close to an old NVCC campus. He unsuccessfully tried to persuade E.J. Korvette's management to adopt the metric system and to replace imperial units in connection with the company's stock-keeping, but also dividing storage areas and sales-floors according to metric measurements for easier and more effective management and control. E.J. Korvette went bankrupt in 1980.