7.4 – sampling distribution statistic: a numerical descriptive measure of a sample parameter: a...
TRANSCRIPT
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7.4 – Sampling Distribution
Statistic: a numerical descriptive measure of a sample
Parameter: a numerical descriptive measure of a population.
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Commonly Used…
Measure• Mean
• Variance
• Standard Deviation
• Proportion
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Parameterµ
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Inferences
Use samples (statistics) to make inferences about population (parameters)
Types of Inferences:1. Estimation: estimate value of population2. Testing: formulate a decision about the value
of population3. Regression: predictions or forecasts about
value of a statistical variable.
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Sampling Distribution
Probability distribution of a sample statistic based on all possible simple random samples of the same size from the same population.
• You can use a frequency table and a histogram to show a sampling distribution.
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Guided Ex̅ercise #9
• SKIP
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Checkpoint
Compute the probability of “standardized events”
Find a z score from a given normal probability (inverse normal)
Use the inverse normal to solve guarantee problems
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Homework
• Read Pages 280-285– Take notes on what we have not covered
• Do Problems – Page 285 (1-9) ALL• Check odds in back of book
• Read and preload 7.5 information– Notes/vocab