Standard errors of the mean, Mathematics

Standard errors of the mean

The series of sample means x¯1, x¯2, x¯3 ........ is normally distributed or nearly so as according to the central limit theorem. This can be described by its mean and its standard deviation. Its standard deviation is termed as the standard error.

Standard error of the mean is =  S = s/√n

Note: the above formula is satisfactory for larger samples and a large population that is n > 30 and n > 5 percent of N.

- The word 'error' is in place of 'deviation' to emphasize that variation with sample means is because of sampling errors.

- The smaller the standard error the greater the precision of the sample value.

 

Posted Date: 2/18/2013 8:11:02 AM | Location : United States







Related Discussions:- Standard errors of the mean, Assignment Help, Ask Question on Standard errors of the mean, Get Answer, Expert's Help, Standard errors of the mean Discussions

Write discussion on Standard errors of the mean
Your posts are moderated
Related Questions
- Find the total surface area of a frustum of a cone. (Include top and bottom). The equation that I have for volume is v=1/3 pi x h(r^2+rR+R^2) -the equation that I have found fo


Mary made 34 copies at the local office supply store. The copies cost $0.06 each. What was the total cost of the copies? Multiply 34 by $0.06 to ?nd out the total cost; 34 × $0

Ashley's car insurance costs her $115 per month. How much does it cost her per year? Multiply $115 by 12 because there are 12 months in a year; $115 × $12 = $1,380 per year.

#question Show that the enveloping cylinder of the conicoid ax 2 + by 2 + cz 2 = 1 with generators perpendicular to the z-axis meets the plane z = 0 in parabolas

If Var(x) = 4, find Var (3x+8), where X is a random variable. Var (ax+b) = a 2 Var x Var (3x+8) = 3 2 Var x = 36

In figure, XP and XQ are tangents from X to the circle with centre O. R is a point on the circle. Prove that XA+AR=XB+BR Ans:    Since the length of tangents from externa

a person having rs.10 shares of value rs.6000 in a company which pays a 7% dividend invested the money gained by selling those shares and bought rs.25 shares at rs.24 per share in

12. List the merits and limitations of using North West corner rule.

Harold used a 3% iodine solution and a 20% iodine solution to make a 95- ounce solution in which was 19% iodine. How many ounces of the 3% iodine solution did he use? Let x = t