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Finding X Bar in Statistics Video | Mathhelpmadeeasy
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Finding X Bar in Statistics - How to calculate X Bar. Hello guys and welcome to another video. In this video, we will be calculating X Bar. Now you may be asking yourself, “What is X-bar?” X-Bar is a symbol used to represent a sample mean used to estimate the true population parameter. Lets take this example. A company is trying to understand what the true population parameter is based off of these values. To calculate X-bar, we must find the average of these values. After adding all of our values up, you will get 108. We take this 108 and divide it by N or 6 in the case and we come up with 18. We take this 108 and divide it by N or 6 and come up with 18. X Bar is equal to 18.
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TIMELINE
@0:01 Finding X Bar
@0:15 Calculating X-Bar
@0:29 How to Calculate XBar
@0:45 How to find X Bar
Finding X-Bar is a crucial first step to then finding The Standard Deviation. Calculating Standard Deviation is the next video in this sequence. To understand how to calculate Standard Deviation, see the video here: Finding Standard Deviation in Statistics Video | Mathhelpmadeeasy
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SnapChat: @Accountingguy93
#Mathhelpmadeeasy #Statistics #Xbar
TIMELINE
@0:01 Finding X Bar
@0:15 Calculating X-Bar
@0:29 How to Calculate XBar
@0:45 How to find X Bar
Finding X-Bar is a crucial first step to then finding The Standard Deviation. Calculating Standard Deviation is the next video in this sequence. To understand how to calculate Standard Deviation, see the video here: Finding Standard Deviation in Statistics Video | Mathhelpmadeeasy
OTHER LINKS
RELATED VIDEOS:
RELATED PLAYLISTS:
SOCIAL MEDIA
SnapChat: @Accountingguy93
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