Long description: FigbaraP

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The mathematical equation states that the sample mean is equal to the total sum divided by the number of observations.

Alt text: The mathematical equation states that the sample mean is equal to the total sum divided by the number of observations.

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  • The image displays the formula: \(\bar{x} = \frac{T}{N}\)
  • The symbol \(\bar{x}\) represents the sample mean.
  • The equals sign, =, separates the sample mean from the calculation.
  • The numerator of the fraction is represented by \(T\), which stands for the total sum.
  • The fraction bar indicates division.
  • The denominator of the fraction is represented by \(N\), which stands for the number of observations.

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