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  2. Assumed mean - Wikipedia

    en.wikipedia.org/wiki/Assumed_mean

    15 and −17 almost cancel, leaving −2, 9 and −9 cancel, 7 + 4 cancels −6 − 5, and so on. We are left with a sum of −30. The average of these 15 deviations from the assumed mean is therefore −30/15 = −2. Therefore, that is what we need to add to the assumed mean to get the correct mean: correct mean = 240 − 2 = 238.

  3. Bessel's correction - Wikipedia

    en.wikipedia.org/wiki/Bessel's_correction

    The sum of the entries in the last column (b 2) is the sum of squared distances between the measured sample mean and the correct population mean Every single row now consists of pairs of a 2 (biased, because the sample mean is used) and b 2 (correction of bias, because it takes the difference between the "real" population mean and the ...

  4. FOIL method - Wikipedia

    en.wikipedia.org/wiki/FOIL_method

    William Betz was active in the movement to reform mathematics in the United States at that time, had written many texts on elementary mathematics topics and had "devoted his life to the improvement of mathematics education". [3] Many students and educators in the US now use the word "FOIL" as a verb meaning "to expand the product of two ...

  5. Mean - Wikipedia

    en.wikipedia.org/wiki/Mean

    The arithmetic mean (or simply mean or average) of a list of numbers, is the sum of all of the numbers divided by their count.Similarly, the mean of a sample ,, …,, usually denoted by ¯, is the sum of the sampled values divided by the number of items in the sample.

  6. Weighted arithmetic mean - Wikipedia

    en.wikipedia.org/wiki/Weighted_arithmetic_mean

    The mean for the morning class is 80 and the mean of the afternoon class is 90. The unweighted mean of the two means is 85. However, this does not account for the difference in number of students in each class (20 versus 30); hence the value of 85 does not reflect the average student grade (independent of class).

  7. Standard error - Wikipedia

    en.wikipedia.org/wiki/Standard_error

    If the statistic is the sample mean, ... Though the above formula is not exactly correct when the population is finite, ... (approximately at 5% or more) ...

  8. Harmonic mean - Wikipedia

    en.wikipedia.org/wiki/Harmonic_mean

    It is the most appropriate average for ratios and rates such as speeds, [1] [2] and is normally only used for positive arguments. [3] The harmonic mean is the reciprocal of the arithmetic mean of the reciprocals of the numbers, that is, the generalized f-mean with () =. For example, the harmonic mean of 1, 4, and 4 is

  9. Standard deviation - Wikipedia

    en.wikipedia.org/wiki/Standard_deviation

    A large standard deviation indicates that the data points can spread far from the mean and a small standard deviation indicates that they are clustered closely around the mean. For example, each of the three populations {0, 0, 14, 14}, {0, 6, 8, 14} and {6, 6, 8, 8} has a mean of 7. Their standard deviations are 7, 5, and 1, respectively.