CONFIDENCE.T function - The function returns the confidence interval of the population by using the Student's t-distribution in Excel
The following article introduces you to the CONFIDENCE.T function - one of the functions in the statistical group is very popular in Excel.
CONFIDENCE.T function - The function returns the confidence interval of the population by using the Student's t-distribution in Excel Picture 1
Description: The function returns the confidence interval of the population by using the Student's t-distribution. Support functions from Excel 2010 onwards.
Syntax: CONFIDENCE.NORM (alpha, standard_dev, size)
Inside:
- alpha: The critical level to calculate the confidence level, with confidence level = 100 * (1- alpha) , is the required parameter .
- standard_dev: The overall standard deviation for the data range, and considered to have been determined, is the required parameter.
- size: Sample size , is a required parameter.
Attention:
- If any of the parameters' values are not numeric -> the function returns the #VALUE! Error value .
- If alpha ≤ 0 or alpha ≥ 1 -> the function returns the #NUM! Error value
- If standard_dev ≤ 0 -> the function returns the #NUM! Error value
- If size is not an integer -> it is truncated to an integer.
- If size = 1 -> the function returns the # DIV / 0 error value !
For example:
Calculate the average overall confidence interval based on the Student's t-distribution with the data in the table below:
CONFIDENCE.T function - The function returns the confidence interval of the population by using the Student's t-distribution in Excel Picture 2
- In the cell to calculate, enter the formula: = CONFIDENCE.T (D6, D7, D8)
CONFIDENCE.T function - The function returns the confidence interval of the population by using the Student's t-distribution in Excel Picture 3
- Press Enter -> the overall confidence interval for the population is:
CONFIDENCE.T function - The function returns the confidence interval of the population by using the Student's t-distribution in Excel Picture 4
- Where alpha ≤ 0 or alpha ≥ 1 -> the function returns the #NUM! Error value
CONFIDENCE.T function - The function returns the confidence interval of the population by using the Student's t-distribution in Excel Picture 5
- Where size = 1 -> the function returns the error value #NUM!
CONFIDENCE.T function - The function returns the confidence interval of the population by using the Student's t-distribution in Excel Picture 6
Above are instructions and some specific examples when using the CONFIDENCE.T function in Excel.
Good luck!
You should read it
- CONFIDENCE.NORM function - The function returns the confidence interval of the population by using a normalized distribution in Excel
- T.INV function - The function returns the inverse value of the Student t distribution in Excel
- T.DIST.RT - The function returns the Student's t-distribution on the right in Excel
- TDIST function - The function returns the probability of the Student distribution in Excel
- T.DIST - The function returns the Student t-distribution on the left in Excel
- T.DIST.2T - The function returns the two-tailed Student distribution in Excel
- T.INV.2T - The function returns the two-sided inverse of the Student's t-distribution in Excel
- WEIBULL function - The function returns the Weibull distribution in Excel
- To be confident immediately apply the following 5 tips
- TINV function - The function returns the inverse of the Student's t-distribution in Excel
- GAMMA.INV function - The function returns the inverse of the gamma distribution in Excel
- POISSON.DIST function - The function returns the Poisson distribution in Excel
May be interested
CORREL function - The function returns the correlation coefficient between two data sets in Excel
COUNT function - Function that counts cells containing numbers in the list of arguments in Excel
COUNTA function - The function performs counting non-blank cells in the list of arguments in Excel
COUNTBLANK function - The function performs counting empty cells in the list of arguments in Excel
COUNTIF function - Function that counts the number of cells in a data table that meet certain conditions in Excel
COUNTIFS function - The function performs counting the number of cells in a data table that satisfy many conditions in Excel