parameter
a number that describes some characteristic of the population
Ex. 83% of all the students in the school prefer Welch’s
statistic
a number that describes some characteristic of a sample
Ex. 60% of the 5 sampled students from the school prefer Welch’s
sampling variability
the fact that the value of a statistic varies in repeated random sampling; decreases as the sampling size increases
Ex. Two different random samplings of 5 students from the school may have two different proportions of students who prefer Welch’s, but that difference is less with samples of 20 students
sampling distribution
distribution of values taken by the statistic IN ALL POSSIBLE SAMPLES of the same size from the same population
Ex. the distribution of the proportions of students who prefer Welch’s in all the possible samples of 5 students from the school
unbiased estimator
a statistic used to estimate a parameter if the mean of its sampling distribution is equal to the value of the parameter being estimated
Ex. the average proportion of students who prefer Welch’s of all the samples of 5 (0.82) is very close to the actual proportion of students in the school who prefer Welch’s (0.83)
sampling variance
the same as normal variance but calculated with n-1 for a sample
variability of a statistic
determined by the spread of its sampling distribution, which is determined mainly by the size of the random sample
sampling distribution of p(hat)
describes how the sample proportion varies in all possible samples from the population
10% condition
10n<N in order to assume independence from sample to sample
central limit theorem
when n is large (n>30), the sampling distribution of x(Bar) is approximately normal
large counts condition
np>10 and n(p-1)>10 in order to approximate to normal