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Earn +20 ptsQ: What is the statistic that is used to estimate a population standard deviation?
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What happens if you estimate population standard deviation with the sample standard deviation?
Not a lot. After all, the sample sd is an estimate for the population sd.
How do i find sample standard deviation from population standard deviation?
If the population standard deviation is sigma, then the estimate for the sample standard error for a sample of size n, is s = sigma*sqrt[n/(n-1)]
When we know the population mean but not the population standard deviation which statistic do we use to compare a sample to the population?
The sample standard error.
What is standard deviation of the mean?
If repeated samples are taken from a population, then they will not have the same mean each time. The mean itself will have some distribution. This will have the same mean as the population mean and the standard deviation of this statistic is the standard deviation of the mean.
How does one calculate the standard error of the sample mean?
Standard error of the sample mean is calculated dividing the the sample estimate of population standard deviation ("sample standard deviation") by the square root of sample size.
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