Topic 6 Flashcards
What are characteristics of a population known as?
Known as parameters
What are the population parameters?
- Population mean = μ
- Population Standard Deviation = σ
What are characteristics of a sample known as?
Known as statistics
What are the sample statistics
- Sample mean = x̄
- Sample standard deviation = s
How do we formulate sampling distributions?
- Make a guess about population frequency distribution, hypothesise what μ is
- Take a random sample from the population
- Decide if sample came from a population like the one you guessed in Step 1. (Usually based on how close x̄ is to hypothesised μ)
How do we plot a sampling distribution?
- Assume normal population distribution with μ and σ
- Take repeated samples of size n
- Plot x̄ of each sample
In a generic sampling distribution what is the distribution?
Normal distribution
In a generic sampling distribution how does the mean relate to population mean?
The mean of the sampling distribution is equivalent to the population mean
Describe the standard deviation of a sampling distribution
It is depicted as the standard error σx̅. It’s the standard deviation of the sampling distributions
What is the standard error an expression of?
A numerical expression of the degree to which means differ from one sample to another
If the standard error is large what will the variability be?
Large
If the standard error is small what will the variability be?
Small
What does a small standard error tell us about x̄?
That x̄ likely close to μ
We wouldn’t normally know the value of σ, how would we estimate it?
Using sx̄ = s / square root of n
- > s = standard deviation of a single sample
- > n = number of observations in sample
As n increases, what decreases?
sx̄ decreases due to decreased sample variability, meaning x̄ is a more accurate estimate of μ