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Technical note
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Reference no. ADN-0260-E
Published by: IESE Business School
Originally published in: 2002
Version: 14.10.2004
Length: 4 pages
Data source: Generalised experience
Topics: Statistics

Abstract

This note introduces the formulas for calculating the mean and standard deviation of a linear combination of uncertainties. Correlation is considered. The formulas are illustrated with several examples and applications. The note briefly introduces the Central Limit Theorem and the case of products of independent variables. This note was previously numbered 102-047-6.

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Abstract

This note introduces the formulas for calculating the mean and standard deviation of a linear combination of uncertainties. Correlation is considered. The formulas are illustrated with several examples and applications. The note briefly introduces the Central Limit Theorem and the case of products of independent variables. This note was previously numbered 102-047-6.

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