Question

What symbol is used for the arithmetic mean when it is a sample statistic? What symbol is used when the arithmetic mean is a population parameter?

Answer 1

Answer:

for sample = xbar

population = μ

Step-by-step explanation:

The arithmetic mean for sample can be represented by xbar and it can be calculated as

xbar=∑xi/n

Where xi represents data values and n represents number of data values in a sample.

The arithmetic mean for population can be represented by μ and it can be calculated as

μ=∑xi/N

Where xi represents data values and N represents number of data values in a population.