#16 Estimating Mean and Standard Deviation of Population

While we know the mean and standard deviation of our sample we don’t know the real ones. That’s why we estimate. There is a reason, why using n-1 instead of N when estimating standard deviation of the population based on a sample. All slides to the entire series can be downloaded for free here: https://armintrost.de/en/professor/digital/social-research-methods/