module 3 Flashcards
what is a population
a group of individuals of which a sample came from
typically this is a group of which we are making an estimate about given the data in our sample
what is a sample statistic
a single number that best represents/ estimates the parameters of a population of which a sample came from
what makes a good sample
it is unbiased and precises
What is bias
the values of a sample are centered around values other than the true population parameter
note that an unbias sample will ensure that all members of a population of an equal chance to be included
what is precision
The act of obtaining a repeatable estimate
note that increases sample size will increase precision, but will don’t impact the bias of the sample
inprecision is a form of sampling error
what is a nonindependent sample?
this means that the selection of one remember in a sample influences the selection of the next member
this will commonly cause the illusion that a sample size is smaller than it actually is (it generates a false sense of precision)
what is the sampling distribution
the distribution of a sample stat if many samples were to be taken