What symbol represents the population mean?

Prepare for ASU's STP226 Elements of Statistics Exam 1. Enhance your statistical skills with multiple choice questions, detailed explanations, and practice materials. Master statistical concepts effectively!

The symbol that represents the population mean is μ (mu). In statistics, this Greek letter is universally used to denote the average of a set of values within an entire population. The population mean is a fundamental concept as it provides a measure of the central tendency of the data, indicating where the center of the data set lies.

Understanding this distinction is crucial, as it helps differentiate from related symbols: X̄ (X-bar) denotes the sample mean, which is the average calculated from a subset of the population; σ (sigma) represents the population standard deviation, a measure of variability within the population; and S represents the sample standard deviation, indicating the variability within a sample. Each of these symbols has a specific role in statistical analyses, but μ unequivocally corresponds to the population mean.

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