Formula
The sample mean is given by
The biased sample variance is then written:
and the unbiased sample variance is written:
Read more about this topic: Bessel's Correction
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“Ideals possess the strange quality that if they were completely realized they would turn into nonsense. One could easily follow a commandment such as Thou shalt not kill to the point of dying of starvation; and I might establish the formula that for the proper functioning of the mesh of our ideals, as in the case of a strainer, the holes are just as important as the mesh.”
—Robert Musil (18801942)
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—Pierre Simon De Laplace (17491827)