Sampling Distribution
Inferential Statistics
: It uses a random sample to draw conclusions about the population
: Generalize data from the samples
Population
: Includes all members of a defined group that are subject for study
Sample:
Set of data collected and/or selected from a population by a
defined procedure
Parameter
: Value that describe a characteristic of an entire population such
as population mean
: µ mean and standard deviation ∂ are two common parameters
Statistic
: Characteristic of a sample
:Inferential statistics allow you to use sample statistics to make
conclusions about a population
Sampling Distribution
: Probability distribution of a statistic (mean)
To find the mean µx of the sampling distributions of the mean :
- -
µx = ∑x / n
-
x = ∑x / n
Alternative formula
- -
µx = ∑x . (Px)
Variance of Sampling Distribution
: Equal to population variance divided by the size
Mean :
µ = ∑x / n
Variance
∂^2 = ∑(x-µ)^2 / N
Standard Deviation
√ ∂^2