Finite Population Sampling Flashcards
Give two reasons why people choose to sample.
- Cheaper and faster than full census (could be impossible)
- May be more accurate (when census’s get too large quality control is harder)
What does N stand for?
Number of inidividuals in the population
What does xi stand for?
The value of x for individul i
What does θ stand for?
Population parameter, function of the population values.
Name four population parameters.
- Population average
- Population total
- Population variance
- Population standard deviation
What is the equation for population average?
What is the equation for population total?
What is the equation for population variance?
What is the difference between N and n?
- N - Population size
- n - Sample size
What is the number of possible samples, when using a simple random sample without replacement?
Define a statistic.
A statistic is any function of the sample observations.
Define a sampling distribution.
The sampling distribution of a statistic is:
- the set of possible values that the statistic can take
- the probability that the statistic takes each values
Are samples with smaller or larger variacnes more reliable?
Smaller
What is the difference between Ȳn and 𝜇?
- Ȳn is the sample average
- 𝜇 is the population average
Prove 𝔼(Ȳn) = 𝜇.