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T07-01 - 1 T07-01 Sample Size Effect – Normal Distribution Purpose Allows the analyst to analyze the effect that sample size has on a sampling distribution.

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Presentation on theme: "T07-01 - 1 T07-01 Sample Size Effect – Normal Distribution Purpose Allows the analyst to analyze the effect that sample size has on a sampling distribution."— Presentation transcript:

1 T07-01 - 1 T07-01 Sample Size Effect – Normal Distribution Purpose Allows the analyst to analyze the effect that sample size has on a sampling distribution. A graphical display showing the approximate normal sampling distribution is created. Inputs Mean Scenario Population Mean & Standard Deviation Sample Size 1Sample Size 2 Outputs Sampling Distribution Statistics Mean & Standard Error for both sampling distributions Graph of Sampling Distribution for both sampling distributions

2 T07-01 - 2 Mean Scenario: Example Calculate the sampling distribution mean and standard error for a sample of size 30 and a sample of size 100 drawn from a population with the following parameters population mean of 51,800 population standard deviation of 4000 Draw a graph comparing the two sampling distributions.

3 T07-01 - 3 Mean Scenario: Input the mean, standard deviation Input sample size for Sample 1 and Sample 2.

4 T07-01 - 4 Sampling Distribution statistics and graph are automatically calculated


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