Chapter 7: Sampling and Sampling Distributions Cheat Sheet

by allyrae97 via cheatography.com/29652/cs/8742/

Defini​tions Sampling from a Finite Population

Element: The entity on
which data are collected
Sample: A subset of the
population
Popula​tion: A collection of all the elements
of interest
Sampled popula​tion: The population from
which the sample is collected
Finite Popula​tions are often
defined by lists: Organi​zation
Member Roster, Credit Card
Account Numbers, Inventory
Product Numbers
A simple random sample of size n from
a finite population of size N: a sample
selected such that each possible
sample of size n has the same
probab​ility of being selected

Frame: a list of elements that the sample will be collected from

Point Estimation

Sampling from an Infinite Population Point Estimation is We use the data from the sample to compute a
a form of statis​tical value of a sample statistic that serves as an
Popula​tions generated by an ongoing process Each element selected
inference. estimate of a population parameter.
are referred to as Infinite Popula​tions: parts must come from the
being manufa​ctured, transa​ctions occurring at population of interest, ̅ is the point s is the point estimator of the population standard

a bank, calls at a technical help desk, Each element is estimator of the deviation
population mean
customers entering a store selected
indepe​nde​ntly. ̅ is the point ̅=(∑ )/n
estimator of the
Sampling Distri​bution of population
proportion
Expected value of ̅: E( ̅) Standard Deviation of ̅:
=√∑( - ̅)^2/n-1 ̅=x/n
=u

Finite Population: ̅ Infinite Population: ̅ = /√

Sampling Distri​bution of
=√ − /​( −1)) ( /√ )

Z-value at the upper Area under the curve to the left of the upper Expected value of ̅=E( ̅)= Standard Deviation of ̅;

endpoint of
interv​al=​largest
value-u/ ̅
Z-value at the lower
endpoint of the
interv​al=​sma​llest
value-u/ ̅
Probab​ili​ty=area under
curve to left of upper
endpoi​nt-area under curve
to left of lower endpoint
endpoint=largest value-u/ ̅ on the z table Finite Population: ̅ Infinite Population: ̅ =√ (1− /
=√ − /​( −1))( √ (1− / )
Z-value at the upper endpoint Area under the curve to the left of the
Area under the curve to the left of the lower of the interv​al=​largest value- upper endpoint equals z value of largest
endpoint=smallest value-u/ ̅ on the z p/ ̅ value-p/ ̅
table Z-value at the lower endpoint Area under the curve to the left of the
of the interv​al=​sma​llest lower endpoi​nt=​z=value of mallest value-
When selecting a different sample number, value-p/ ̅ p/ ̅
expected value remains the same. When Probab​​il​i​t​y=area under curve to left of upper endpoi​​nt​-area under curve to
the sample size is increased the standard left of lower endpoin
error is decreased.

By allyrae97 Published 1st August, 2016. Sponsored by ApolloPad.com

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