Lecture 2
Lecture 2
Lecture #2
Fall 2016
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CLASSROOM TOPICS
Technical Presentation 2
Analysis of Experimental Data
Gaussian (Normal)
Student’s t
Weibull
Chi-square 2
Poisson
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Statistical Analysis of Experimental Data
One variable X
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Statistical Analysis of Experimental Data
Some terminologies:
X
The arithmetic mean
is defined as :
Xm
d2=x2-xm
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Standard Deviation (root-mean-square deviation)
Biased standard deviation – when a large number of
samples is taken
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3.14 Standard Deviation of the Mean
The arithmetic mean How good is this mean value?
is defined as :
Standard Deviation of the Mean
(for small sample data)
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Answers;
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Example 3.7 Continued
Standard deviation, variance
Or:
X = 5.613± 2σ =5.613± 0.396 cm
For two standard deviation
or 95.4 confidence level
or 21.1 to 1 odd
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Gaussian (normal) distribution
(when # of data is large)
x xm z
Confidence interval z
Confidence level (area)
Shown with z=1 and 1.9 2σ
3.8σ
Chances for deviation from mean value of normal
distribution curve
z = confidence interval
(how many σ you desire?)
Use the standard deviation σ
x xm z
z
x xm
n
From probability analysis
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Geometric mean xg
Compound !!!!
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Example: A five year record of a mutual fund investment
Compound !!!!
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Next Class
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EMCH361
END of
Lecture #2
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