sample vs. population proportion using a z-score in excel
On Oct 27, 2:32*pm, "Mike Middleton" wrote:
Christopher *-
=STANDARDIZE(0.31,0.49,SQRT(0.5*0.5/998))
returns -11.37280968
Your parentheses are misplaced in
z = (p-Po)/square root((Po(1-Po))/N)
The expression should be
z = (p-Po)/square root(Po(1-Po)/N)
- *Mike Middletonhttp://www.DecisionToolworks.com
Decision Analysis Add-ins for Excel
"Christopher" wrote in message
...
To all,
Needed some help on finding a formula to use in excel to calculate a z-
score that is comparing a sample proportion to a population
proportion. Here's the data:
Sample proportion = 0.31
N = 998
Population proportion = 0.49
I can find a z-score using a formula by hand: (z-score = -11.39), but
wanted to calculate in excel for many other variables. This is the
formula I used by hand:
p = sample proportion
Po = population proportion
alpha = 0.05 (z-critical = plus/minus 1.96)
non-directional test
z = (p-Po)/square root((Po(1-Po))/N)
When I use the standardize function in excel it gives me = -0.1153.
Any suggestions?
Thanks!
Thanks for all your help! I really appreciate.
I have another question. Maybe you can help me out on this on.
My p Po and N all have formulas from another worksheet within the same
file - how can I include this into standardize formula. For example,
using the formula you provided above I put together this formula:
=STANDARDIZE(C16,C18,SQRT((C18(1-C18))/C15))
C16 has the formula =(C14/$B$14) this is the value for p
C18 has the formula =(C17/$B$17) this is the value for Po
C15 has the formula =COUNT(JCP!C:C) this is the value for N
Any thoughts/suggestions? Thanks for all your help again Shane and Mike
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