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

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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.

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