Statistics Definitions> Population Mean Population Mean Definition A normal distribution curve showing a mean of 15. The population mean is anaverageof a group characteristic. The group could be a person, item, or thing, like “all the people living in the United States” or “all dog owners...
population - (statistics) the entire aggregation of items from which samples can be drawn; "it is an estimate of the mean of the population" universe statistics - a branch of applied mathematics concerned with the collection and interpretation of quantitative data and the use of probability theory...
mean(redirected from Population mean)Also found in: Thesaurus, Medical, Legal, Financial, Encyclopedia. mean intend: What do you mean?; signify, indicate, imply; malicious: a mean bully Not to be confused with: mien –a person’s look or bearing: a woman of regal mien Abused, Confused...
The meaning of STATISTIC is a single term or datum in a collection of statistics. How to use statistic in a sentence.
In statistics, the arithmetic mean is commonly used as the single value typical of a set of data. For a system of particles having unequal masses, the centre of gravity is determined by a more general average, the weighted arithmetic mean. If each number (x) is assigned a corresponding ...
Statisticsnoun The sum of the values of all observations or data points divided by the number of observations; an arithmetical average; the central tendency of a collection of numbers, which is a sum of the numbers divided by the amount of numbers the collection.Types• Population mean (µ...
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Understanding the Population Parameter for Statistics Beginner Population Parameter is a statistical term referring to the descriptive measure about a population that is being studied. Examples for stocks may include: median sales, standard deviation of net income per share or the mean debt-to-equity...
Statistics such as averages or means andstandard deviationsare referred to as population parameters when they're taken from populations. Many such as a population's mean and standard deviation are represented by Greek letters like µ (mu) and σ (sigma). These statistics are inferential in nat...
A z-score, or z-statistic, is a number representing how many standard deviations above or below the mean population the score derived from a z-test is. Essentially, it is a numerical measurement that describes a value's relationship to the mean of a group of values. If a z-score is ...