Sample mean

Given a sample consisting of n observations X_1, ..., X_n, its sample mean, denoted by Xbar_n is:[eq1]

Under appropriate conditions, the sample mean is an unbiased and consistent estimator of the population mean.

An in-depth exposition of the characteristics and properties of the sample mean can be found in the lecture entitled Mean estimation.

Keep reading the glossary

Previous entry: Realization of a random variable

Next entry: Sample point

by
About | Contacts | Privacy and terms of use | Sitemap