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The "mean" symbol in Excel is represented as "x̄" (x-bar). It denotes the average value of a data set. To calculate the mean in Excel, use the AVERAGE function, which sums all values in a specified range and divides by the count of those values. For example, using =AVERAGE(A1:A10) calculates the mean of values in cells A1 through A10. The result is the average, which is essential for statistical analysis, data summaries, and decision-making processes. Remember, understanding how to calculate and interpret the mean is crucial for accurate data interpretation in Excel.