00:01
All right, so for this problem, we're asked to use excel for exploring the effect of the sampling size on the sampling distribution of the mean.
00:09
So here i am in excel.
00:11
We are first instructed to select data, then data analysis in the analyze section here.
00:17
So we bring up data analysis, and then we want to select random number generation from the list of options.
00:22
So that's in analysis tools, random number generation.
00:26
You can see that we have seven variables, want to generate 80 random numbers, and we're asked to generate a uniform distribution between it looks like 0 and 10.
00:45
So we'll create our new worksheet here.
00:48
We're also instructed to rename the new worksheet to q4 underscore a.
00:54
So we can do that just by double clicking on.
00:56
We have sheet 2 down here, q4 underscore a.
01:01
Then, let's see here, we're asked to in the first empty cell of the following column, enter a formula for the mean of the sample of the first row.
01:09
So the formula for the mean, to do this, we would take equals, average, open bracket, then we click on the furthest left cell and drag across to the furthest right.
01:21
So it's a1 to g1.
01:23
We can see that for my data here, i have an average value of 3 .26413.
01:29
Then we drag this formula down to the last row, or alternatively, we can just double -click on the little green box at the bottom right.
01:38
So now we have in our last column there, those are all of our sample means.
01:43
Then we're asked to create a histogram for the sampling distribution.
01:48
So what i'll do, as we are instructed, we want to enter the bins.
01:56
So we can see that the labeled bins are just one, two, three, four, five, six, seven, eight, 9 and 10.
02:03
Then we're creating the histogram.
02:05
We can go to data analysis.
02:08
Histogram.
02:09
Hit okay.
02:10
Input range is everything in column h.
02:12
So i just click on the button for the column h at the top there, and it will grab everything there.
02:17
The bin range, well, i'll select all of my bin labels here.
02:23
And i did not include a label.
02:26
New worksheet.
02:27
Hit okay.
02:28
So we get our output here.
02:29
And we're told to rename this new sheet to q4 underscore b.
02:34
So we have our bins, but we are asked to rename the bins column, so that includes the lower and upper class limits.
02:40
So we can say that's 0 to 1 .001 to 2, 2 .001 to 3 .001 to 4 .01 to 5 .01 to 6.
02:57
Six point, let me fix that there, 6 .001 to 7, 7 .001 to 8, 8 .01 to 9, oops, not to 8, that's 29, and 9 .001 to 10.
03:17
Then, let's see here, pardon me, i just caught a slight mistake that i made.
03:22
You are asked, it appears to actually, when you're creating the histogram, you are supposed to have the chart output option selected.
03:29
I did not.
03:30
When we generate it with the chart output option selected, main difference is that we get our bar chart here.
03:36
So i'm just going to reuse what i did with renaming the different bins here.
03:41
We can see that automatically the names of the different bins have been updated to be consistent...