7.+Sampling+Distributions+and+Confidence+Intervals+for+Population+Proportion

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10 Terms

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Population

A defined group from which samples may be drawn for statistical analysis.

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Parameter

A characteristic or measure obtained by using all the data from a specific population.

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Sample

A subset of the population used to represent the population in statistical analysis.

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Statistic

A characteristic or measure obtained by using the data from a sample.

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Statistical Inference

The process of drawing conclusions about a population based on the analysis of a sample.

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Central Limit Theorem

When certain conditions are met, the sampling distribution of the sample mean approaches a normal distribution, regardless of the original distribution of the population.

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Confidence Interval (CI)

A range of values that estimates the uncertainty surrounding a sample statistic, showing the interval in which the population parameter is expected to lie.

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Margin of Error

An expression of the amount of random sampling error in a survey's results, often associated with confidence intervals.

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Sample Proportion (p-hat)

The proportion of successes in a sample, used as an estimator for the population proportion.

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Population Proportion (p)

The actual proportion of successes in the entire population, which is typically unknown.