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The symbol "x̄," known as "x bar," represents the mean or average of a set of data in statistics. In Excel, you can calculate the mean using the AVERAGE function. To find the mean, select the range of cells containing the data and apply the AVERAGE function. The result will be the arithmetic mean of the chosen values. This method is applicable to numeric data, providing insights into central tendencies within the dataset. Understanding "x bar" is essential for data analysis and summarizing information effectively in Excel.