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Chapter 7 Summary Statistics and data science 188 $4.56   Add to cart

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Chapter 7 Summary Statistics and data science 188

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This is a detailed summary of chapter 7 and includes notes from the textbook, ppts and onyx

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  • January 19, 2023
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  • 2021/2022
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Statistics and data science 188 Sampling Distributions
Chapter 7
Introduction

In this chapter the following will be covered:
▪ The concept of the sampling distribution.
▪ To calculate probabilities related to the sample mean and the sample
proportion.
▪ The importance of the Central Limit Theorem.



Sampling Distributions
- Distribution of all possible values of a sample statistic
- Sampling distribution of the mean
▪ Usually normally distributed
- Sampling distribution of the proportion


Sampling distributions of the mean
• The sampling distribution of the mean is the distribution of all possiblesample means calculated
from all possible samples of a given size.
-
-
Developing a Sampling Distribution
- Sample with replacement
- This distribution of sample-means should be normally distributed

, Summary Measures of a Sample Distribution




Population distribution vs sample mean distribution
- Unbiased if:
- Means are equal
- The standard deviation is likely to differ
- Even if the data is unbiased




Standard error of the mean
- Different samples of the same size
- From the same population
▪ Will yield different sample means
- Standard Error decreases as sample size increases


When the population is normal:
When organising and visualising data one needs to be mindful of:
- mean = ¿ and standard deviation = Ã
- The sampling distribution of X-bar is also normally distributedwith:

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