Hi,
I was wondering if it's possible to generate n samples that will show the right average/number (or above) with a certain level of confidence.
Excel - Generate n sample with a certain level of confidence
Let's imagine I have an average of 100 and I want to generate 30 samples with an 80% of certainty. In my case, I should get 24 random samples equal or more than 100 and 6 samples under 100. See example below:
139
128
0
140
103
152
185
115
45
68
184
149
425
167
145
172
85
172
133
162
160
0
146
160
171
76
167
137
155
142
I've attached two examples.
test sample generation.xlsx
Any help will be much appreciate it.
Mils
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