27 posts with this tag
In the previous post, I explained the general principles behind the standard error of the mean (or SEM). The idea underlying the SEM is that if you take repeated samples from the population of interest and take the standard deviation of the means of …
Imagine if you were working for a company that wanted to know the mean number of page views their website received per day. How do you measure this? Well, the most logical thing to do is to pick a sample of days, record the number of page views, and …
