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Carrying out enough simulations of an experiment in gamma distribution, how can I find an answer to be accurate to within 0.2 of a percent. (my answer is in the form of a percentage)

user3543192
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  • Possibly this is a question for the mathematics site. Although having `r`in Stack Overflow as a well-followed tag does present overlaps. – Bathsheba Apr 17 '14 at 10:11

1 Answers1

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The standard deviation of the mean is estimated using sigma / sqrt(N) where sigma is the standard deviation of your sample and N the number of elements in your sample.

(The nature of the underlying distribution does not matter).

Use this to compute the value of N required to fit the standard deviation of the mean to be 0.2%.

Bathsheba
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