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Statistics - 8.1.3 Calculations With Estimating Population Means - 𝜎 known
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In this video, we're going to be discussing the calculation of population means. We'll be using a scenario where we have an unknown population mean, and we need to calculate the sample size required to achieve an approximation to that population mean.
This video is a great introduction to the topic of sample size determination, and it will give you a good understanding of how to calculate population means using estimating methods.
0:00 Intro
0:28 Motivation
1:20 Isolating n in Margin of Error Formula
3:27 Using the Manipulated Formula
5:50 Using Excel to Do The Math
8:15 Up Next
This playlist follows the text, Beginning Statistics, 3rd ed, Warren, Denley, Atchley
This video is a great introduction to the topic of sample size determination, and it will give you a good understanding of how to calculate population means using estimating methods.
0:00 Intro
0:28 Motivation
1:20 Isolating n in Margin of Error Formula
3:27 Using the Manipulated Formula
5:50 Using Excel to Do The Math
8:15 Up Next
This playlist follows the text, Beginning Statistics, 3rd ed, Warren, Denley, Atchley