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 =  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.

 


Related Discussions:- Standard errors of the mean

Purely imaginary number, It is totally possible that a or b could be zero a...

It is totally possible that a or b could be zero and thus in 16 i the real part is zero.  While the real part is zero we frequently will call the complex numbers a purely imaginar

What is the radius of the traffic circle, In traveling three-fourths of the...

In traveling three-fourths of the way around a traffic circle a car travels 0.228 mi.  What is the radius of the traffic circle? The radius of the traffic circle is ____ mi.

Find the second derivative of the equation, Find the second derivative of t...

Find the second derivative of the below given equation Y= e x cosx

Evaluate the area of the shaded region, Evaluate the area of the shaded reg...

Evaluate the area of the shaded region in terms of π. a. 8 - 4π b. 16 - 4π c. 16 - 2π d. 2π- 16 b. The area of the shaded region is same to the area of the squa

Lattice or complement lattice, Let  be the set of all divisors of n. Constr...

Let  be the set of all divisors of n. Construct a Hasse diagram for D15, D20,D30. Check whether it is a lattice Or Complement lattice.

Introduction to mathematics, We know that one has to deal with ...

We know that one has to deal with numbers in day-to-day life irrespective of his inclination and field of work. Also one cannot refute the fact

Proof of constant times a function, Proof of Constant Times a Function: ...

Proof of Constant Times a Function: (cf(x))′ = cf ′(x) It is very easy property to prove using the definition given you a recall, we can factor a constant out of a limit. No

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