VEE Mathematical Stats Key Terms Flashcards
1
Q
Statistical Experiment
A
- Experiment conducted on a sample taken from a population
2
Q
Statistical Inferences
A
Inferences made:
- About characteristics of the target population
- By measuring/analyzing observable variables from the sample
Methods:
- Estimation
- Hypothesis Testing
3
Q
Method of Sampling
A
- Want to select a method to create a sample that properly represents the population of interest
- Want good inferences
4
Q
Simple Random Sampling
A
- When all possible samples have an equal probability to be chosen from the population
- Uses combinations (not permutations) because order doesn’t matter
5
Q
Statistic
A
6
Q
Sampling Distribution
A
- The distribution of a statistic
7
Q
Sample mean:
A
- Referring to the mean of the sample, not the population
- For normal distribution, = population mean