Does sampling size matter?
Let's now double the sample size to 40. Many analytics professionals believe a sample size of 30 or more is large enough to get trustworthy descriptive stats.
This works if the original population distribution is roughly bell-shaped.
This exercise is part of the course
Introduction to Statistics in Google Sheets
Exercise instructions
- In
E3
, calculate the mean of the first 40 samples. - In
F3
, calculate the standard deviation of the first 40 samples. - Create a histogram of the first 40 samples.
Hands-on interactive exercise
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