What are statistical capabilities of excel


Assignment:

Discuss te below:

I have created 95% confidence interval estimates of the population mean µ from your data in columns E and F. I have used the fact that I know σ is 6.5, that the sample was from a normal population, and that you all took samples of size 10. Therefore, the interval becomes sample mean ± 1.96*6.5/3.16. (3.16 is the approximate square root of 10.) I have higlighted the one interval that did NOT cover the true value of µ, which is 76.06.

In columns H and I generate 80% confidence intervals for µ, in a manner similar to the way I generated the 95% intervals. Indicate those which do not contain the true value of the mean in some way.

In columns K and L, generate 95% confidence intervals based on the t statistic. and in columns N and O, generate 80% intervals based on the t statstics. Again, indicate in some way the intervals that fail to include the (true) mean.

We have also said that the (collection of all) sample means, should have a mean itself that is the same as the population mean and a standard deviation that is equal to the population standard deviation divided by the square root of the sample size. That implies that the mean of all sample means should be about 76.06 and the standard deviation about 6.5/(square root 10). Use the statistical capabilities of Excel to find the mean and standard deviation of our sample means (all the data in column B) and compare them to these values. Are they close?

name sample mean sample std dev 95%  LL 95%  UL
80%  LL 80%  UL
95%  LL 95%  UL
80%  LL 80%  UL





normal

normal

t

t
Pickett 71.7 5.79
67.67 75.73
69.07 74.33
67.05 75.84
69.17 74.23
Hussain 72.8 6.74
68.77 76.83
70.17 75.43
68.15 77.62
69.85 75.75
Robert 72.9 6.87
68.87 76.93
70.27 75.53
68.25 77.82
69.89 75.91
Mutava 73.0 4.83
68.97 77.03
70.37 75.63
68.35 76.46
70.89 75.11
Smith 73.9 10.03
69.87 77.93
71.27 76.53
69.25 81.08
69.51 78.29
Brijwani 74.0 9.26
69.97 78.03
71.37 76.63
69.35 80.63
69.95 78.05
Rao 74.0 5.93
69.97 78.03
71.37 76.63
69.35 78.24
71.4 76.6
Martel 74.1 8.67
70.07 78.13
71.47 76.73
69.45 80.31
70.31 77.89
Black 74.4 8.81
70.37 78.43
71.77 77.03
69.75 80.71
70.54 78.26
Devlin 74.4 5.73
70.37 78.43
71.77 77.03
69.75 78.5
71.89 76.91
Nightingale 74.5 8.59
70.47 78.53
71.87 77.13
69.85 80.65
70.74 78.26
Grauer 74.8 5.29
70.77 78.83
72.17 77.43
70.15 78.59
72.48 77.12
Pradhan 74.8 8.03
70.77 78.83
72.17 77.43
70.15 80.55
71.29 78.31
Taylor 75.0 7.76
70.97 79.03
72.37 77.63
70.35 80.55
71.6 78.4
Subramanian 75.1 4.7
71.07 79.13
72.47 77.73
70.45 78.46
73.04 77.16
Thorne 75.4 5.34
71.37 79.43
72.77 78.03
70.75 79.22
73.06 77.74
Saini 75.5 5.38
71.47 79.53
72.87 78.13
70.85 79.35
73.15 77.85
Wenke 75.6 7.57
71.57 79.63
72.97 78.23
70.95 81.02
72.29 78.91
Parsons 75.7 7.134
71.67 79.73
73.07 78.33
71.05 80.81
72.58 78.82
Statham 75.8 5.92
71.77 79.83
73.17 78.43
71.15 80.04
73.21 78.39
Knetter 75.9 6.7
71.87 79.93
73.27 78.53
71.25 80.7
72.97 78.83
Rzodkiewicz 75.9 7.48
71.87 79.93
73.27 78.53
71.25 81.25
72.63 79.17
Case 76.1 7.26
72.07 80.13
73.47 78.73
71.45 81.3
72.92 79.28
Abdel-Karim 76.3 5.49
72.27 80.33
73.67 78.93
71.65 80.23
73.9 78.7
Kamal 76.4 6.65
72.37 80.43
73.77 79.03
71.75 81.16
73.49 79.31
Sullivan 76.5 4.5
72.47 80.53
73.87 79.13
71.85 79.72
74.53 78.47
Hackett 76.8 6.795
72.77 80.83
74.17 79.43
72.15 81.66
73.83 79.77
Swain 76.8 5.79
72.77 80.83
74.17 79.43
72.15 80.94
74.27 79.33
Weber 76.8 5.41
72.77 80.83
74.17 79.43
72.15 80.67
74.43 79.17
Hatesohl 77.1 4.61
73.07 81.13
74.47 79.73
72.45 80.4
75.08 79.12
McDaniel 77.1 4.89
73.07 81.13
74.47 79.73
72.45 80.6
74.96 79.24
Harper 77.2 7.48
73.17 81.23
74.57 79.83
72.55 82.55
73.93 80.47
Artzer 77.3 5.1
73.27 81.33
74.67 79.93
72.65 80.95
75.07 79.53
Veith 77.9 9.338
73.87 81.93
75.27 80.53
73.25 84.58
73.81 81.99
Mullins 78.2 5.16
74.17 82.23
75.57 80.83
73.55 81.89
75.94 80.46
Nkwantabisa 78.3 5.22
74.27 82.33
75.67 80.93
73.65 82.04
76.02 80.58
Sindelar 78.3 5.66
74.27 82.33
75.67 80.93
73.65 82.35
75.82 80.78
Propheter 78.7 7.83
74.67 82.73
76.07 81.33
74.05 84.3
75.27 82.13
Schulz 79.4 8.03
75.37 83.43
76.77 82.03
74.75 85.15
75.89 82.91

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Basic Statistics: What are statistical capabilities of excel
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