CONFIDENCE.NORM
The CONFIDENCE.NORM
function in Google Sheets calculates the width of half the confidence interval for a normal distribution. It is useful for estimating sample sizes required for confidence levels.
Function Syntax and Parameters
Syntax: CONFIDENCE.NORM(alpha, standard_deviation, pop_size)
Parameters:
alpha
: The desired significance level for the confidence interval. Typically, a value between 0 and 1.standard_deviation
: The standard deviation of the population.pop_size
: [Optional] The size of the population. If not provided, a large value will be presumed.
Step-by-Step Tutorial
- Using
CONFIDENCE.NORM
for sample size estimation:- Example:
=CONFIDENCE.NORM(0.05, 10, 1000)
- Result:
0.395
- Example:
Use Cases and Scenarios
- Market Research: Determine the required sample size to estimate a parameter with a desired level of confidence.
- Quality Control: Calculate the confidence interval for a manufacturing process to determine the acceptable error range.
Related Functions
CONFIDENCE.T
: Calculates the width of half the confidence interval for a Student's t-distribution.