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16 Terms
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Parameter
A number that describes some characteristic of the population
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Statistic
Number that describes some characteristic of a sample
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Sampling variability
The value of a statistic varies in repeated random sampling
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Sampling distribution
The distribution of values taken by a statistic in all possible samples of the same size from the same population
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Unbiased estimator
A statistic used for estimating a parameter is unbiased if the mean of its sampling distribution is equal to the true value of the parameter being estimated
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Variability (of a statistic)
Spread of a statistics sampling distribution. Statistics from larger samples have less variability
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Sample proportion ("p hat")
As "n" increases, the sampling distribution of "p hat" becomes approximately normal. Before you perform normal calculations, check that the large counts condition is satisfied
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Sampling distribution of "P hat"
The distribution of values taken by a statistic in all possible samples of the same size from the same population
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Mean of the sampling distribution of. "P hat"
The probability of something happening, mean of "p hat" = p
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Standard deviation of the sampling distribution of "p hat"
1/n√np(1-p)
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Approximately normal
When the distribution follows a normal curve.
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Sample mean "x bar"
μx̄=μ
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Sampling distribution of "x bar"
If the population has a normal distribution, then the sampling distribution of "x bar"also has a normal distribution
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Mean of the distribution of "x bar"
μx̄=μ
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Standard deviation of the sampling distribution of "x bar"
σx̄=σ/√n
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Central limit theorem
In an SIRS of size "n" from any population with mean μ and finite standard deviation σ, when "n" is large, the sampling distribution of the sample mean x̄ is approximately normal.