#16 ESTIMATING MEAN AND STANDARD DEVIATION OF POPULATION

While we know the mean and standard deviation of our sample we don’t know the real ones. That’s why we estimate. There is a reason, why using n-1 instead of N when estimating standard deviation of the population based on a sample.
All slides of the entire series can be downloaded here: armintrost.de/en/professor/di...

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Welcome back Prof. Armin

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Great professor. Watched full and liked