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

What was the total cost of the copies, Mary made 34 copies at the local off...

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

Addition of like terms with same signs, Case 1: Suppose we are given...

Case 1: Suppose we are given expressions like 3abc and 7abc and asked to compute their sum. If this is the case we should not worry much. Because adding like exp

Factoring polynomials, Factoring polynomials is probably the most important...

Factoring polynomials is probably the most important topic. We already learn factor of polynomial .If you can't factor the polynomial then you won't be able to even start the probl

Find the circumference of a circle, Find the circumference of a circle whos...

Find the circumference of a circle whose area is 16 times the area of the circle with diameter 7cm            (Ans: 88cm) Ans:     Π R 2 = 16 Π  r 2 R 2 = 16 r 2

Example of factoring quadratic polynomials, Factor following polynomials. ...

Factor following polynomials.                               x 2 + 2x -15 Solution x 2 +2x -15 Okay since the first term is x 2 we know that the factoring has to ta

Alegrabra, how do you do algebra with division

how do you do algebra with division

Algebraic number, prove that every non-trivial ingetral solution (x,y,z)of ...

prove that every non-trivial ingetral solution (x,y,z)of the diophantine equation Xsquare +Ysquare=Zsquare satisfies gcd(x,y)=gcd(x,z)=gcd(y,z)

Compute the probability of weather, Analysis of questionnaire completed by ...

Analysis of questionnaire completed by holiday makers showed that 0.75 classified their holiday as excellent at Malindi. The probability of hot weather in the resort is 0.6.  If th

Simplification, how do we answer questions with fraction mixed. what are th...

how do we answer questions with fraction mixed. what are the easier ways to do it

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