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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.
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.
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)]
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.
What does the sample standard deviation best estimate?
The standard deviation of the population. the standard deviation of the population.
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.
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.
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)]
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.
Is standard deviation same as standard error?
From what ive gathered standard error is how relative to the population some data is, such as how relative an answer is to men or to women. The lower the standard error the more meaningful to the population the data is. Standard deviation is how different sets of data vary between each other, sort of like the mean. * * * * * Not true! Standard deviation is a property of the whole population or distribution. Standard error applies to a sample taken from the population and is an estimate for the standard deviation.
How standard deviation and Mean deviation differ from each other?
There is 1) standard deviation, 2) mean deviation and 3) mean absolute deviation. The standard deviation is calculated most of the time. If our objective is to estimate the variance of the overall population from a representative random sample, then it has been shown theoretically that the standard deviation is the best estimate (most efficient). The mean deviation is calculated by first calculating the mean of the data and then calculating the deviation (value - mean) for each value. If we then sum these deviations, we calculate the mean deviation which will always be zero. So this statistic has little value. The individual deviations may however be of interest. See related link. To obtain the means absolute deviation (MAD), we sum the absolute value of the individual deviations. We will obtain a value that is similar to the standard deviation, a measure of dispersal of the data values. The MAD may be transformed to a standard deviation, if the distribution is known. The MAD has been shown to be less efficient in estimating the standard deviation, but a more robust estimator (not as influenced by erroneous data) as the standard deviation. See related link. Most of the time we use the standard deviation to provide the best estimate of the variance of the population.
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.
Is population standard deviation the same thing as absolute standard deviation?
No.
Can a standard deviation of a sample be equal to a standard deviation of a population?
Yes
What is the standard deviation of 157 160 161 172 165 149?
The standard deviation if the data is a sample from a population is 7.7115; if it is the population the standard deviation is 7.0396.
Why is standard deviation of a statistic called standard error?
The standard error is the standard deviation divided by the square root of the sample size.
