Standard errors of the mean, Mathematics

Assignment Help:

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 =  Sx¯ = 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.

 


Related Discussions:- Standard errors of the mean

Shares and dividend, A man invests rs.10400 in 6%shares at rs.104 and rs.11...

A man invests rs.10400 in 6%shares at rs.104 and rs.11440 in 10.4% shares at rs.143.How much income would he get in all??

Method to solve binomials of second degree, In this part we look at a...

In this part we look at another method to obtain the factors of an expression. In the above you have seen that x 2 - 4x + 4 = (x - 2) 2 or (x - 2)(x - 2). If yo

Example of least common denominator, Example of Least Common Denominator: ...

Example of Least Common Denominator: Example: Add 1/7 +2 /3 + 11/12 + 4/6 Solution: Step 1:             Find out primes of each denominator. 7 = 7 (already is

Operation research, can u suggest me topics for phd in or for any industrie...

can u suggest me topics for phd in or for any industries

Solve the value of x and y , 7(y + 3) - 2(x + 2) = 14, 4 (y - 2) + 3(x ...

7(y + 3) - 2(x + 2) = 14, 4 (y - 2) + 3(x - 3) = 2 Ans:    7(y + 3) - 2 (x+ 2) = 14          --------- (1) 4(y- 2) + 3(x - 3) = 2 ----------(2) From (1) 7y +21 -

Pair of linear equations in two variables, PAIR OF LINEAR EQUATIONS IN TWO ...

PAIR OF LINEAR EQUATIONS IN TWO VARIABLES: Like  the  crest  of a  peacock so  is  mathematics  at the  head of all knowledge. Example At a certain time in a deer park, t

Please help me solve these Problems step by step, What angle (to the neares...

What angle (to the nearest degree) corresponds to the cos 0.6 or what is cos-1(0.6)? (Note: Use Appendix I) What angle (to the nearest degree) corresponds to the sin 0.6 or what

Eigenvalues and eigenvectors, Review: Systems of Equations - The tradition...

Review: Systems of Equations - The traditional initial point for a linear algebra class. We will utilize linear algebra techniques to solve a system of equations. Review: Matr

Definition of inverse functions, Definition of inverse functions :  Given...

Definition of inverse functions :  Given two one-to-one functions f ( x ) and g ( x ) if ( f o g ) ( x ) = x  AND  ( g o f ) ( x ) = x then we say that f ( x ) & g ( x ) are i

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