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Hi,
Below are some of my data i'm trying to get the warning and control limits for but in order to get them I need the standard deviation. In excel there are some functions like STDEV and STDEVP but they use the same method by working out the mean as 49.9993 and my true value is actually 50.0001. Is there any way I can work this out without hazzle as I do have a lot of data I have to analyze. I would appreciate the help.
49.9993
49.9993
49.9994
49.9996
49.9995
49.9994
49.9992
49.9995
49.9995
49.9990
49.9990
49.9997
49.9991
49.9991
49.9993
49.9991
49.9991
49.9992
49.9995
49.9990
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Hi netter;
I am not following what you need.
The mean of that data is 49.99929.
SD = .000214966
In mathematics, you don't understand things. You just get used to them.
If it ain't broke, fix it until it is.
Always satisfy the Prime Directive of getting the right answer above all else.
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hi netter and bobbym,
Just a thought but could it be that the population mean is known to be 50.0001 and the sample mean is 49.99929 ?
You could then ask questions like "Is the process producing values that could reasonably be from the population or does the process need adjusting ?"
Excel seems to have functions for standard deviation of population and sample, but I cannot find a function that allows you to specify a known mean and then calculate the sd. of a sample.
You would have to make your own function(s) for this, but Excel could certainly do it.
Bob
Last edited by Bob (2011-02-23 01:57:30)
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