Chpt 7 - Sampling Distributions Flashcards
The population mean (μ) is a
Parameter/statistic
and is
not fixed/fixed
The population mean (μ) is a parameter and is a fixed number
The sample mean (x̄) is a
Parameter/statistic
and is
not fixed/fixed
The sample mean (x̄) is a statistic and is not fixed
Why is the sample mean (x̄) not a fixed number?
Because it’s values are means of the samples randomly selected from the population, so it changes form sample to sample
Why is the sample mean a continuous random variable?
Because its value is NOT fixed and changes depending on the sample that is randomly selected.
What type of variable is a sample mean?
Continuous random variable, because its value is not fixed and depends on the sample that is randomly selected
Because the sample mean (X̄) is not a fixed number, what do we need to know to measure the error that one may make when using a sample mean (x̄) to estimate the population mean?
Which values it can take and how likely it takes a specified value
Long story short, we need to describe the distribution of the sample mean (X̄).
What does the distribution of the sample mean (X̄) depend on?
The sample size of the samples selected
The distribution of the variable under consideration
For any sample size, if the distribution of X is normal, what is the distribution of the sample mean (X̄)?
Normal
For a larger sample size, if the distribution of X is not normal, what is the distribution of the sample mean (X̄)?
Approximately normal
For a smaller sample size, if the distribution of X is not normal, what is the distribution of the sample mean (X̄)?
Not normal
What is the distribution of the sample mean (X̄) called?
Sampling distribution of the sample mean
What is the distribution of the random variable under consideration X called?
Parent distribution
What is the central limit theorem (CLT)?
For a relatively large sample size n, the sample mean (X̄) is approximately normally distributed regardless of the parent distribution
How large should n be to be large enough if the parent distributions is not too extremely skewed?
n>30
Assume that the random variable X under consideration has a mean (μ) and standard deviation (σ). What is the mean of X̄ of samples with sample size n? What about the standard deviation?
μx̄ = μ
σx̄ = σ/√n