chapter 7 Flashcards
Describe sample results
- provides only estimates
- contains only a portion of the population
- some sampling errors are to be expected
Describe a sample population
- population from which the sample is drawn
Frame
a list of elements that the sample will be selected from
Simple Random sampling
- can be used to select a sample from a finite pop
- and describes how a random sample can be taken from an infinite pop that is generated by an ongoing process
Element
entity on which data is collected
Population
collection of all elements of interest
sample
subset of the pop
Parameters
numerical characteristics of a population
Pop Parameter for mean
M = pop mean
pop parameter for SD
Q = pop SD
Pop parameter for Proportion
P= Pop proportion
Selecting a sample - FInite Pop
- use a table of random #s to choose the elements for the sample one at a time in such a way that, at each step, each element remaining has the same prob of being selected
Sampling without replacement
it is possible that a random # used previously may appear again
- any prevously used #s are ignored
- used most often in practice
Sampling with Replacement
- not used as often
- still a valid method
Sampling from an Infinite population - Simple Random sample
- a random sample of size n from an infinite pop is a sample selected such that the following conditions are met
- each element selected comes form the same pop
- each element is selected independently - to prevent selection bias
care must be taken, each case may require a different selection procedure
when is the population considered infinite
when we cannot develop a list of all the elements that could be produced
Process for selecting an sample from an infinite pop and provide some examples
- usually associated with a process that operates over time
ex - parts being manufactured - repeated experimental trials in a lab
- transactions occurring at a bank
- telephone calls coming into a call center
- customers entering a store
What is a sample statistic
- a sample characteristic
- ie. sample mean xbar, sample SD, sample proportion etc.
Numerical values obtained for each sample statistic is called
a point estimate
by making calculations, we are calculating
point estimators
Target Pop
pop we want to make inferences about
Describe the sampling distribution of x bar
- various possible values of x bar are the result of different simple random samples
the prob distribution of x is called the
sampling distribution of x bar
What does the sampling distribution of x bar allow us to do
- make prob statements about how close the sample x bar mean is to the pop mean
- can generate a variety of values of x bar and phat
but in practice we only use one
WHat is the sampling distribution of x bar
the prob distribution of all possible values of the sample mean x bar
What is the expected value of x bar
- b/c many different values of x bar are possible, we are often interested in the mean of all possible x bars that can be generated
What is another name for the expected value of x bar
mean
if x bar = the mean then
pop parameter is said to be unbiased
what is the name of the sd of x bar
standard error
what is N-n / N-1 called
the finite pop correction factor