3.3 Daily Video Flashcards
When right skewed, this is usually the preferred measured cener
Median
Collects data for all individuals in a popualtionn
Census
Much easier to do when mesuring everyone
Random Sample
Sample in which every group has an equal chance of being chosen
Simple Random Sample (SRS)
Income is consistent within regions and varies between regions
Income Segregation
Population is divided based on similar characteristics
Stratified Random Sample
Grouping by heterogenous
Cluster
Grouping by homogenous
Stratified
Randomly choose a start point and then sample at a fixed periodic interval
Systematic Random Sample
A measure of Accuracy
Bias
A measure of Percision
Variation
Generally leads to systematic overestimation
Non-Random Sample
Most effective when strata is homogenous
Stratified Random Sampling