While calculating Standard Error of Sample mean we use : S/√n
But in some situation we also use S/√n-1.
What is the difference in both, I mean in what situation, we should use these formulas. Please help me out.
Krish (CA Final ) (3331 Points)
30 November 2011While calculating Standard Error of Sample mean we use : S/√n
But in some situation we also use S/√n-1.
What is the difference in both, I mean in what situation, we should use these formulas. Please help me out.
CA Rajat Jain
(CA)
(1677 Points)
Replied 30 November 2011
if it is assumed that data given is of population thn 1 one wil be used n if it is assumed that data is given of sample thn 2 one will be used
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