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equivalent mean

 

Definitions from the Web

Equivalent Mean

Definition:

An equivalent mean refers to a statistical term used in data analysis to estimate an unknown population parameter by calculating the arithmetic mean of a sample.

Examples:

  • In a research study, the equivalent mean of the sample age was used to estimate the average age of the entire population.
  • When determining the average fuel consumption of a car model, the equivalent mean of a sample of vehicles is calculated.

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