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Confidence in estimation

Confidence in estimation: Excel Statistics Essential Training: 1
Confidence in estimation: Excel Statistics Essential Training: 1

An interval estimate provides more information about a population characteristic than does a point estimate and therefore provides a confidence level for the estimate. Joe Schmuller expalins confidence interval estimation of population mean, μ, when σ is known. Additonally Joe explains sampling distribution as the foundation that allows us to take a sample and use it to estimate a population parameter.

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Skill Level Appropriate for all
3h 45m
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2,212,082
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Skills covered in this course
Business Intelligence Big Data IT Data Analysis Excel

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