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Dissolve tool for table features

Question asked by Shiko on Aug 23, 2013
Latest reply on Aug 23, 2013 by Shiko
Does anyone know if there is a way to dissolve table rows that have duplicate attributes in one field, by performing a MEAN statistic on another attribute field. The table is created to have just these two fields but there are multiple values for many of other values in the other field.
See below:
So what I want to do is essentially truncate the entire table so it has just an average "dbthirdbar" value for each unique MUKEY.
Any suggestions welcome.