if I have a single data point how can I estimate the standard error of the mean?
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if I have a single data point how can I estimate the standard error of the mean?
You just can´t. It takes at least two points to calculate the standard deviation "s" which you need to calculate the standard error "n/sqrt(n)" where "n" stands for number of observations.
Thanks ...Quote:
Originally Posted by Rassis
Might a bootstrap method work?
There is a mistake in the formula I wrote in my previous post. It should be "s/sqrt(n)" instead of "n/sqrt(n)". I am so sorry.
Rui