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Standard Error of the Estimate
I am looking for help in crafting an excel formula to handle the following
equation. Se = SQRT(SUM((y-ybar)^2/(n-k-1))) where, say, y is cells A1:A100, n = 100 (ie, cell count A1:A100). Any suggestions would be greatly appreciated. Thanks, |
Standard Error of the Estimate
Your formula = SQRT(SUM((y-ybar)^2/(n-k-1)))
can be implemented in Excel with: =SQRT(DEVSQ(A1:A100)/(COUNT(A1:A100)-1)) But I am not sure what the k value refers to My formula gives the standard deviation - the same result that =STDEV(A1:A100) would yield Are you familiar with Tools/Data Analysis/Descriptive Statistics? For the standard error of the mean I use = STDEV(range of values)/SQRT(number) best wishes and I hope this is some help -- Bernard V Liengme Microsoft Excel MVP http://people.stfx.ca/bliengme remove caps from email "iperlovsky" wrote in message ... I am looking for help in crafting an excel formula to handle the following equation. Se = SQRT(SUM((y-ybar)^2/(n-k-1))) where, say, y is cells A1:A100, n = 100 (ie, cell count A1:A100). Any suggestions would be greatly appreciated. Thanks, |
Standard Error of the Estimate
Sorry I misread this as "standard error of the mead"
You want "standard error of the estimate" So use my first formula but incorporate K =SQRT(DEVSQ(A1:A100)/(COUNT(A1:A100)-1-B1)) Here I have used B1 to hold the k value You could 'hard code' it, say k=5 =SQRT(DEVSQ(A1:A100)/94)) -- Bernard V Liengme Microsoft Excel MVP http://people.stfx.ca/bliengme remove caps from email "iperlovsky" wrote in message ... I am looking for help in crafting an excel formula to handle the following equation. Se = SQRT(SUM((y-ybar)^2/(n-k-1))) where, say, y is cells A1:A100, n = 100 (ie, cell count A1:A100). Any suggestions would be greatly appreciated. Thanks, |
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