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Excel template that automatically logs timed values, calculates a 95% confidence interval around your average, and the number of samples required to achieve a desired confidence interval.
Using this t statistic in the standard error, one can express the expected width of the confidence interval as a function of the sample size. Alternatively, a sample size can be found to achieve a ...
It is counterintuitive that, with a sample of only one value from a normal distribution, one can construct a finite confidence interval of any size for the mean. It goes just as much against standard ...