Chapter 7 Flashcards
Sampling error
The difference between the value of a sample statistic and the value of the corresponding population parameter.
Can’t be avoided.
Non-sampling error
Errors occurring in collecting, recording and tabulation of data.
Can be minimized.
Probability distribution of X bar
Sampling distribution
Sample mean is a…
Random variable
Mean of x bar is always equal to…
The mean of the population
Unbiased estimator
When the mean of a sample statistic is equal to the value of the corresponding population parameter
The standard deviation of x bar is…
Not equal to the standard deviation of the population.
SD of x bar decreases as n increases.
SD of x bar is less than population SD.
Finite population correction factor
Multiplied to the SD sample when n/N is less than or equal to 0.05.
Sampling distribution shape of x bar: case one
If the population from which the samples are drawn are normally distributed, then the sampling distribution of the sample mean, x bar, will also be normally distributed.
Sampling distribution shape of x bar: case two
If the populations from which the samples are drawn is not normally distributed, according to the central limit theorem, for a large sample size (n greater than or equal to 30) the sampling distribution of x bar is approx. Normal, irrespective of the shape of the population distribution.
Empirical rule
68.26 % of the sample means will be within one standard deviation of the population mean.
95.44% is within 2 SD’s.
99.74% is within 3 SD’s.
Population proportion
Represents the fraction of individuals in a population that possess a certain characteristic.
P =x/ N
X= number of elements in the population that possess the characteristic.
N = total elements in population
Sample proportion
Estimates the population proportion based on a sample taken from the population.
Phat = x/n
X= number of elements in the sample that possess a specific characteristic.
N= total sample elements
Sampling error for proportions
P hat - p
Difference between sample proportions and population proportion.
Sampling distribution of p hat
Since p hat is a Radom variable it has a probability distribution