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What type of calculation returns the sum, average, minimum or maximum of two or more values?

Aggregate

Aggregation is the process of summarizing a collection of values into a single statistic. When you take two or more numbers and compute their sum, average, minimum, or maximum, you’re performing an aggregate calculation. These operations are precisely what aggregations are designed to produce: a single value that represents the group of inputs. Descriptive statistics describe data more broadly, a summary is a general condensed result, and a totalizer is a specific tool for accumulating totals over time. The term that best fits this kind of calculation is aggregation.

Descriptive

Summary

Totalizer

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