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ConfidenceT

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Function Description

Returns the size of a confidence interval for the mean of a sample, using a Student’s t distribution, i.e. returns:

 

 

where ,  is the inverse cumulative distribution function for the Student’s t distribution with  degrees of freedom,  is the standard deviation and  is the sample size.

 

Provided for compatibility with the CONFIDENCE.T function in Microsoft Excel and some other spreadsheet packages. Please note that the Nematrian function accepts non-integral values of  (these can arise if observations are given different weights).

 


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Output type / Parameter details

Output type: Double
Parameter NameVariable TypeDescription
AlphaDoubleConfidence level
StandardDeviationDoubleStandard deviation (of sample)
SampleSizeDoubleSample size (not necessarily integral)

Links to:

-          Interactively run function

-          Interactive instructions

-          Example calculation

-          Output type / Parameter details

-          Illustrative spreadsheet

-          Other Statistical functions

-          Computation units used


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