The phrase "averaging process" refers to the act of finding a middle or typical value by summing up a set of numbers and dividing it by the total amount in the set. Full definition
On average processed foods cost much less than fresh foods such as produce. (sbnation.com)
The target turnaround time for this analysis was 7 days, but the study averaged this process in less than 5 days. (sciencedaily.com)
It includes much more data such as average processing times, FHA 203k and streamline data, and more information about adjustable rate mortgages. (fhaloanpros.com)