Chap. 11 Flashcards
Population
an entire group of individuals you want information on
Sample
smaller group of individuals within the population
What is the major rule for a sample?
has to be representative
Sample surveys
designed to ask questions of a small group of people in the hope of learning something about the entire population
W’s of sampling
who: sample drawn
when and how: drawing the sample depends on what is practical
why: the population we are interested in
Biased sampling
under or overestimating some characteristics of the population
Common errors of biased sampling
relying on voluntary responses
under coverage of the population
nonresponse bias
response bias
Randomization
best defense against bias - each individual is given a fair, random chance of selection
Sample size
number of individuals in a sample
What does sample size determine?
how well the sample represents the population
Does the fraction of the population determine how well the population is represented?
no
Census
a sample that consists of the entire population
Population parameter
the numerical valued attribute of a model for a population
How to know the true value of a population parameter (mean income of all employed people in the country)
hope to estimate it through sampled data
Statistic / sample statistic
values calculated for sampled data