module 8 Flashcards
goal of statistical inference
making statements about the underlying population from our available data while making considerations for uncertainty about these generalizations
sample data
data from the full population; Want to use sample data to make a generalization about the entire population
gold standard for sampling
random selection of the observations in the sample
sampling distribution
A distribution of the possible values that a sample statistic can take from repeated samples of the same sample size n when sampling with replacement from the same population
properties of sampling distribution
we control: Number of repeated samples to take, The size of the sample, The statistic to calculate for each sample
central limit theorem
The more repeated samples do not affect the shape, center, or spread
The more sample size, the more normal for the shape
probability calculation
Making a logical statement and finding the mean of it
Percentile
finding percentile of the samples that have a sample proportion less or equal