Sampling distribution Flashcards
1
Q
What do we do when we want our sample statistics to be much closer to the population parameters?
A
=> collect more data
=> increase sample size
2
Q
How does sampling error occur?
A
- because a sample is a subset of the population => may not precisely represent it
3
Q
Population distribution vs Sampling distribution
A
Sampling distribution: random samples taken from population
- smaller spread
-less variability
- averages are less variable than individual observations
4
Q
So what is sampling distribution (of sample means)?
A
- a distribution or plot of the sample statistics
(repeatedly taking samples from the same population)
=> gives u idea of how a statistic behaves
5
Q
How to reduce sampling error?
A
1) increase sample size
- reduce impact of pop. variation
2) Divide population into groups
- according to their size
3) Know your population
- ensure only target the sample that matters