The formulas for a population and sample mean only differ by notation; otherwise,these formulas are calculated in the same manner.

Question

Quizplus · Accepted Answer

The formulas for population and sample mean are indeed the same, except for the notation used. Both are calculated by summing up the values in the dataset and dividing by the number of values, but in the population mean formula, we use the Greek letter μ (mu) to represent the mean, while in the sample mean formula, we use x̄ (x-bar).

The Formulas for a Population and Sample Mean Only Differ