The average diameter for this population of 60 circles is 19.3. How many of your samples had an average diameter greater than 19.3? How many of your samples had an average diameter less than 19.3? How close is the “average of averages” you calculated to the population average of 19.3?

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Average

In mathematics, everyone must have heard the term average in one place or other. Almost all types of calculation require taking out an average. In everyday life, the term is used for denoting a certain amount that can be said to be a typical quantity for multiple people or objects. In other words, if a group of people possesses a certain object, then the average gives us an idea regarding the quantity of the object possessed by each person. However, this is solely based on mathematical calculation. It is important to note that most people will not strictly have the average value in a group.