Sample standard deviation, Applied Statistics

Assignment Help:

Sample Standard Deviation

So far, we discussed the population standard deviation. Now, let us switch to sample standard deviation(s) that is analogous to the population standard deviation ( σ ). To compute sample standard deviation, the same formula given above has been used replacing  μ  with  2390_arithmetic mean.png  and N with n - 1. The modified formula is

s

= 877_sample standard deviation.png

where,

          s       =    Sample standard deviation

           2390_arithmetic mean.png      =    Sample mean

We use n - 1 as the denominator because unless n - 1 is used, the average of the sample variances of all possible samples (which are obtained by squaring standard deviations) will not be equal to the variance of the population from which the samples have been taken.


Related Discussions:- Sample standard deviation

Determine the subset of variables, Agency revenues. An economic consultant ...

Agency revenues. An economic consultant was retained by a large employment agency in a metropolitan area to develop a regression model for predicting monthly agency revenues ( y ).

Questionnaire, Framing of Questionnaire: Questionnaire is a schedule of...

Framing of Questionnaire: Questionnaire is a schedule of questions which is sent to the respondents for filling in by them in their own handwriting together the information rel

Econometrics, implications of multicollinearity

implications of multicollinearity

Combined standard deviation, How to a calculate the combined standard devia...

How to a calculate the combined standard deviation for five groups (samples)?

LPP, b. A paper mill produces two grades of paper viz., X and Y. Because of...

b. A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y

Probability function, Among the students doing a given course, there are fo...

Among the students doing a given course, there are four boys enrolled in the ordinary version of the course, six girls enrolled in the ordinary version of the course,and six boys e

Its a portfolio assignment, i m doing MBA in singapore and i want a good wo...

i m doing MBA in singapore and i want a good work. i want a data for 200 observations and then answers for some questions. and i need the data to be approved by our professor first

Difference in goals between pca and fa, In PCA the eigknvalues must ultimat...

In PCA the eigknvalues must ultimately account for all of the variance. There is no probability,'no hypothesis, no test because strictly speaking PCA is not a statistical procedure

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd