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Shiju SFlag for United States of America

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Calculate 95 % Confidence Level for Mean, StandarDeviation

Hi Experts

How can we Calculate 95 % Confidence Level for Mean, StandarDeviation

formulae or  methods will be helpful

Thanks
Avatar of ozo
ozo
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Assuming a Gaussian distribution it would be Mean ± 1.95996 StandarDeviation
Avatar of asifsharaz
asifsharaz

dear friend
        we have properties of normal distribution  to find the different level of confidence between mean and standar devision.
     
In normal distribution we have equation for 68.26%confidence  between mean and standar deviation is
             mean ± standard deviation
and
equation for 95%confidence  between mean and standar deviation is
             mean ±1.96 standar deviation
and
 equation for 99.73%confidence  between mean and standar deviation is
             mean ±3 Standar deviation
           

  hopes it will works for u

 
   
Avatar of Shiju S

ASKER

>>mean ±1.96 standar deviation
>> mean ±3 Standar deviation
These are generally accepted formulae ?
Avatar of Shiju S

ASKER

i mean to say that , shall i directly use this formula in my applications
can u provide such values for different % confidence levels ..
They are for Gaussian distributions.
can u explin briefly what u want
You can if your application uses a Normal distribution.
Other values are
±0.67 sd  50%
±1.00 sd  68.26%
±1.65 sd  90%
±1.96 sd  95%
±2.00 sd  95.44%
±2.58 sd  99%
±3.00 sd  99.93%
here is another
If a statistic is normally distributed and the standard error of the statistic is known, then a confidence interval for that statistic can be computed as follows:
statistic ± (z) (σ )

where σ is the standard error of the statistic. For instance, the confidence interval for the mean is:
now u can use the formula by giving the value of z from the table of normal distribution .

or
 mean ± (z) (σ )
 

  asif




Sorry previous answers are not fully control

for alfa = 0,05
confidence is = 1,96 * standard deviation / sqrt (n)
where n is sample size.
this is formula used by Excel, it is also not exact, for better result you have to use t - kvantil, not
z - as Excel is using

x +/- 1,96 as previous answer says is a Range Size where is 95 % of values
Confidence interval is something different.

 Not exactly, it is range where with 95% probability that real mean
is in which (Real mean is mean from infinit values). So if you have high deviation you must to hevi high 1,96*deviation but it is not mean
that your confidence for mean is high.
if you have a distribution with high deviation, but you have enought measurment your confidence interval
can be low.

You can calculate also confidance for standard deviation, it is
for confidencer of stdev:
it is higher than
(n-1) Stdev*Stdev/(chi -kvadrat (n-1, 0.025)) and lower
(n-1) Stdev*Stdev/(chi -kvadrat (1-n-1,1- 0.025))

I can not write index, I hope zou understand.





Thi what previous answers say is colled

95 percentil (mean) range


here is another
If a statistic is normally distributed and the standard error of the statistic is known, then a confidence interval for that statistic can be computed as follows:
statistic ± (z) (standard deviation )
 
 
well shijusn

did u know about z-table and t-table in normal distribution

we can find any level of confidence by the help of these tables .

so post me back if u know about them then i will give u a detail infermation how to calculate any confidence interval between mean and standard deviation.


can u give me a sampl data also plze .it will helps me
i am waiting for this

HAVE GOOD TIME

ASIF SHARAZ
well shijusn

here we have Z table see the link
http://www.isixsigma.com/library/content/zdistribution.asp

for formula see this link

http://www.ruf.rice.edu/~lane/hyperstat/B9475.html

and how to apply this formula see the link

http://www.ruf.rice.edu/~lane/hyperstat/B7281.html

he solve here the problem for 95% cofidence interval for mean and standard deviation.

here is a option of "next page". He solve it in three pages see all the pages.By the help of this u can find any level of confidence interval for mean and standard deviation.

HAVE GOOD TIME

ASIF SHARAZ


Avatar of Shiju S

ASKER

hi
thanks for the comments
well, i am not an expert in maths.
i dont know much about those distributions.
it would be better if i get formula to find Confidence level for mean and sd
so that i can simply put values and get results.

is it different for different distributions ?

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asifsharaz

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Avatar of Shiju S

ASKER

Hi Asif
that was an excellent comment
Thank u