Examlex
A doctor at a local hospital is interested in estimating the birth weight of infants. How large a sample must sheselect if she desires to be 90% confident that her estimate is within 2 ounces of the true mean? Assume that s =5 ounces based on earlier studies.
STDEV.S(data range)
A statistical function that calculates the standard deviation for a sample set of data, measuring how much data points deviate from the mean.
STDEV.P(data range)
The standard deviation of a population, calculated using the exact data range, which quantifies the dispersion of data points.
MODE.SNGL(data range)
An Excel function that returns the most frequently occurring value in a data range.
MEDIAN(data range)
A statistical measure that represents the middle value in a given set of numbers when they are arranged in order.
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