Course : Research Methods and Project Management 2025 - 2026

Course code : TP374

TP374  -  Manolis Tsiknakis

Announcements

Bessel's Correction

Good morning.

 

In the Literature/Hypothesis Testing folder you will find a file call "Bessel’s Correction: Why Use N-1 For Variance/Standard Deviation?" taken from https://www.statisticshowto.com/bessels-correction/, that explains why we divide by N-1 when we are dealing with relatively small sized samples.