excel and r formulas to be used
Post on 01-Feb-2016
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Calculate MeanAVERAGE(sample)
Calculate Standard Deviation of SampleSTDEV.S(sample)
Calculate z-score for a sample(AVERAGE(sample)-Mean of Population(given in question))/(standard deviation of population (given in question)/n^0.5)
Calculate p-value for this z-score (in R)PNORM(z-score)
Calculate t-dist for a sample Useful when standard deviation in not in question(AVERAGE(sample)-Mean of Population(given in question))/(STDEV.S(sample)/n^0.5)
Calculate t-critical for the samplefrom t-table in book, find for df= n-1 at some significance level given in question
Calculate p-value from t-distin R, Use t.test(sample, mu=mean given in question, alternative="two.sided/greater/less"
Calculate f-distVAR.S(sample1)/VAR.S(sample2)In R, use Var.Test (sample1, sample2, var.equal=TRUE/FALSE)
Calculate f-criticalfrom Book table, dF1/dF2
Significance level=alpha=0.05 if not given
Confidence interval=95% if not given
For two sample tests, use excel data analysis t-test assuming equal variances
(AVERAGE(sample)-Mean of Population(given in question))/(standard deviation of population (given in question)/n^0.5)
50706070907250808555667080 mean = 674067
14.528490.85354966.1464567.853553.090473
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