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Bias
concerns the center of the sampling distribution for a statistic which is not close to where the true value of a population parameter is
Central Limit Theorem
for all large n the sampling distribution of x is approximately normal for any population with finite standard deviation s.
Mean
- (of the sampling distribution) is equal to the population proportion p.
Normal Approximation
- (of the sampling distribution) is closer to a normal distribution when the sample size n is large.
Parameter
a number that describes the population. (The value of a parameter is not known.)
Population proportion
a parameter p
Sample mean
used to estimate the unknown parameter µ.
Sample Proportion
a statistic that is used to gain information about the parameter p.
Sampling Distribution
- (of a statistic) is the distribution of values taken by the statistic in all possible samples of the same size from the same population.
Sampling Variability
The value of a statistic varies in repeated random sampling.
Statistic
- a number that can be computed from the sample data without making use of an unknown parameters. (It is often used to estimate an unknown parameter.)
Unbiased
- the mean of its sampling distribution is equal to the true value of the parameter being estimated.