I have a question about calculating confidence interval for the PSMC method. I have done the bootstrapping step. To calculate the confidence interval, I am using the maximum error equation for a t distribution:
E = t(0.025)*s/sqrt(n)
to get the confidence interval as follows:
resampling_mean - E < population_mean < resampling_mean + E
In order to find the critical value of t, I need to have the degrees of freedom which would be my sample size - 1. I actually have a problem in understanding what the sample size is really in PSMC analysis.
I was wondering what is the common way of calculating CI for PSMC analysis?
Hello,
I have a question about calculating confidence interval for the PSMC method. I have done the bootstrapping step. To calculate the confidence interval, I am using the maximum error equation for a t distribution:
E = t(0.025)*s/sqrt(n)
to get the confidence interval as follows:
resampling_mean - E < population_mean < resampling_mean + E
In order to find the critical value of t, I need to have the degrees of freedom which would be my sample size - 1. I actually have a problem in understanding what the sample size is really in PSMC analysis.
I was wondering what is the common way of calculating CI for PSMC analysis?
Thank you, Homa