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Excel and Standard Error

Started by zpyder, March 28, 2008, 14:27:15 PM

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zpyder

Hi All
Im just after a quicky to make sure Im not being dumb...does excel have a basic formula to calculate the Standard Error of a mean?

I mean, you have Stdev for the deviation of a bunch of rows, but from what I have read/know, to get the error, you need to use a longer formula in the style of:

=(STDEV(A1:A2))/(SQRT(COUNT(A1:A2)))

Which is just stupid to be honest!


zpyder

Yup, thats the formula I am using :P My question is, if there a function that cuts all that down to something similar to "=stdev" like "=sterr" or something. Itd be easy enough for them to do!

BigSoy

Quote from: zpyderYup, thats the formula I am using :P My question is, if there a function that cuts all that down to something similar to "=stdev" like "=sterr" or something. Itd be easy enough for them to do!

Cant remember if this or isnt tbh, but alternatively you could write your Custom sterr function based around that formula  :)
"Within your 'purview'? Where do you think you are, some f**king regency costume drama? This is a government department, not some f**king Jane f**king Austen novel!"

White Giant

No idea sorry, I just google all the questions Ive got no idea about :)