
#1
Dec1412, 01:33 AM

P: 213

To calculate the 95% confidence interval of the mean of a normal distribution you calculate 1.96 χ standard error on the mean.
what do you do if you want to calculate the 95% confidence interval on the median of the distribution, for a distribution that is most definitely skewed and not gaussian? Thanks 



#2
Dec1412, 10:25 AM

P: 771

I would bootstrap it.




#3
Dec1412, 12:21 PM

P: 213

can you do that in excel?




#4
Dec1412, 01:24 PM

P: 771

95% confidence interval  median
You'll have to check the documentation. Any worthwhile statistical program will have bootstrapping support; you might want to look at R.



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