6: Sampling Distributions I Flashcards

1
Q

Law of Large Numbers

A

If we draw independent observations at random from any population with finite mean (u) as the number of observations drawn increases, the mean of the observed values (x-bar) eventually approaches u.

OR, as the number of randomly drawn observations n in a sample increases, the mean of the sample gets closer and closer to the TRUE popln mean u

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2
Q

parameter

A

true value of a population quantity which we don’t know in practice

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3
Q

sampling distribution

A

distribution of values taken by the statistic in all possible samples of the same size from the same population

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4
Q

sampling variability

A

the value of a sample statistic will vary in a repeated random sampling

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5
Q

population distribution

A

the popln distribution of a variable is the distribution of its values for all members of the population

also, the probability distribution of the variable when we choose one individual from the population at random

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6
Q

sampling distribution of the mean - mean and std. dev

A

for a sampling distribution, the standard deviation is called the standard error

= std dev / sqr rt n

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7
Q

Central Limit Theorem

A

Draw a SRS of size n from any population with mean μ and finite standard deviation σ.

When n is large, the sampling distribution of the sample mean is approximately normal: N(μ, σ/√n).

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8
Q

binomial distribution for sample counts

A

probability of distribution of a random variable that can take on one of two possible variables

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9
Q

binomial setting (4 rules)

A
  1. fixed number of trials
  2. in each trial, a certain outcome can occur - success or failure
  3. probability of success remains constant from trial to trial (p of failure also constant)
  4. n trials are all independent
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