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Beyond the Answer
One commonly used approximation for the sample mean is simply the sum of all the sample values divided by the number of samples. Think of it as collecting all your delicious cookie recipes, adding them together, and sharing them equally among friends. This gives everyone a fair taste of the average cookie flavor! When calculating the sample mean, be careful about outliers! A single, unusually large or small value can skew your results. To avoid this, consider using a trimmed mean by removing the most extreme values before averaging. This way, you get a more accurate representation of the central tendency of your data—minus any cookie-dough disasters!