chapter 7: sampling distributions Flashcards
why do we make the sampling distribution of the sample mean’?
to see if we can use it do define the population mean
what is the sampling distribution of the sample mean?
the probability distribution of the population of all the sample means that could be obtained from all possible samples of the same size
what are the properties of he sampling distribution of the sample means?
often times, the distribution of all sample means looks like a normal shaped curve
the mean of all the possible population sample means is equal the the population mean
the standard deviation of all the possible sample means is less than the population standard deviation?
if the population is normally distributed, than all the possible samples will also be normal distributed
why is the mean of all the possible population sample means an unbiased point estimate?
because it is equal to the population mean
why is the standard deviation of all the possible sample means is less than the population standard deviation?
because each of the samples have less deviation and their values are actually closer to their mean
the extreme values per sample are gone, so there isn’t big differences
this make each standard deviation small
so the standard deviation of all the possible sample means is less than the population mean
what is the formula to find the standard deviation of the population of all possible sample means?
standard deviation of chosen sample / (sqrt(sample population) )
the sample population must remain finite
population must be finite and be at least 20 times bigger than any sample size
when calculating the standard deviation of all the possible sample means, what does it mean when n is bigger than 1
the standard deviation of all the possible sample means is less than the chosen sample mean
furthermore, as n increases, it decreases even more
the curve big¡come bigger upwards but tighter from side to side
what is the formula for the variance of all possible sample means
(standard deviation of population)^(2/x))
another way (maybe) is ((standard deviation of population)^2) / n
if the sampled population is not normally distributed, what are the formulas for the mean and standard deviation of all the possible sample means?
what is different or new?
they remain the same
what is new is the central limit theorem
what is the central limit theorem?
is sample size n is large
then sampling distribution of all the possible means is normally distributed, even if population not normally distributed
the mean of all possible sample means as well as standard deviation of them have the same formulas
how big must the sample size be if the population distribution is skewed?
the sample size has to be bigger the more skewed the population distribution is
in general, n = 30 means all sample distributions will be normally distributed
the sampling distribution of a sample statistic
probability distribution of the population of all possible values of the sample statistic
what makes the sample statistic an unbiased point parameter?
if the mean of the population of all possible values of the sample statistic equals the population parameter
why do we call the sample mean a minimum variance of the population mean?
because we want it to be normally distributed and all clustered
we don’t want a big standard deviation or variance
both of them are gonna be close to the sample mean which is unbiased and very very very similar to the population mean
–> it is its point estimate
what makes the sample variance an unbiased point estimate of the population variance?
if the sample population is infinite