Population and Sample Means
The mean of a population is denoted μ, known as the population mean. The sample mean makes a good estimator of the population mean, as its expected value is equal to the population mean. The sample mean of a population is a random variable, not a constant, and consequently it will have its own distribution. For a random sample of n observations from a normally distributed population, the sample mean distribution is
Often, since the population variance is an unknown parameter, it is estimated by the mean sum of squares, which changes the distribution of the sample mean from a normal distribution to a Student's t distribution with n − 1 degrees of freedom.
Read more about this topic: Mean
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