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What is X̄ (X-bar) used to represent?
the mean of a sample
Random different samples help estimate population __
parameter
For large sample sizes, the sample average has a normal distribution with a mean and standard deviation
central limit Theorem
knowing X - bar is normal helps us to calculate __
probabilities
mean of X is equal to mean of __
X-bar
original (X) standard deviation / square root of N
calculating standard deviation of X bar
What information is needed to calculate the standard error of the mean?
sample size and population standard deviation
What does the Central Limit Theorem say about the distribution of sample means?
As the sample size increases, the distribution of sample means becomes approximately normal
This approximation holds even if the population distribution is not normal
Which of the following correctly describe the mean and standard deviation of the sampling distribution of sample means?
Mean = μ, Standard Deviation = σ ÷ √n