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Questions and Answers
What is the purpose of a sample distribution in statistics?
What is the purpose of a sample distribution in statistics?
What is the main advantage of stratified random sampling over simple random sampling?
What is the main advantage of stratified random sampling over simple random sampling?
What is the purpose of the Central Limit Theorem (CLT) in statistics?
What is the purpose of the Central Limit Theorem (CLT) in statistics?
What is the margin of error in a confidence interval?
What is the margin of error in a confidence interval?
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What is the Law of Large Numbers (LLN) in statistics?
What is the Law of Large Numbers (LLN) in statistics?
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What is the main purpose of bias correction techniques?
What is the main purpose of bias correction techniques?
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What is the purpose of the p-value in a hypothesis test?
What is the purpose of the p-value in a hypothesis test?
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What is the 50th percentile also known as?
What is the 50th percentile also known as?
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What is the purpose of jackknifing in bias correction?
What is the purpose of jackknifing in bias correction?
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What is the null hypothesis in a hypothesis test?
What is the null hypothesis in a hypothesis test?
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Study Notes
Sample Distribution
Probability
- A sample distribution is a probability distribution of a statistic obtained by selecting multiple samples from a population.
- The sample distribution is used to make inferences about the population parameter.
- Probability concepts:
- Law of Large Numbers (LLN): the average of the results will converge to the population mean as the sample size increases.
- Central Limit Theorem (CLT): the distribution of the sample mean will be approximately normal, even if the population distribution is not normal.
Random Sampling
- Random sampling is a method of selecting a sample from a population to ensure representativeness.
- Types of random sampling:
- Simple Random Sampling: every individual in the population has an equal chance of being selected.
- Stratified Random Sampling: the population is divided into subgroups, and random samples are selected from each subgroup.
- Cluster Random Sampling: the population is divided into clusters, and random samples are selected from each cluster.
Confidence Intervals
- A confidence interval is a range of values within which the population parameter is likely to lie.
- Confidence level: the probability that the interval contains the population parameter (e.g., 95% confidence level means 95% of the intervals will contain the parameter).
- Margin of error: the maximum amount by which the sample statistic may differ from the population parameter.
Bias Correction
- Bias: a systematic error in the sample statistic that causes it to differ from the population parameter.
- Bias correction techniques:
- Bootstrapping: resampling the data with replacement to estimate the bias.
- Jackknifing: systematically removing one observation at a time to estimate the bias.
Hypothesis Testing
- A statistical test used to determine whether a hypothesis about the population parameter is true or not.
- Null hypothesis (H0): a statement of no effect or no difference.
- Alternative hypothesis (H1): a statement of an effect or a difference.
- Test statistic: a numerical value used to determine whether to reject or fail to reject the null hypothesis.
- P-value: the probability of observing the test statistic (or more extreme) assuming the null hypothesis is true.
Percentile
- A percentile is a value below which a certain percentage of the data falls.
- Types of percentiles:
- 25th percentile (Q1): the value below which 25% of the data falls.
- 50th percentile (median): the value below which 50% of the data falls.
- 75th percentile (Q3): the value below which 75% of the data falls.
Sample Distribution
- A sample distribution is a probability distribution of a statistic obtained by selecting multiple samples from a population.
- It's used to make inferences about the population parameter.
- Key probability concepts include:
- Law of Large Numbers (LLN): the average of the results will converge to the population mean as the sample size increases.
- Central Limit Theorem (CLT): the distribution of the sample mean will be approximately normal, even if the population distribution is not normal.
Random Sampling
- Random sampling is a method of selecting a sample from a population to ensure representativeness.
- Types of random sampling include:
- Simple Random Sampling: every individual in the population has an equal chance of being selected.
- Stratified Random Sampling: the population is divided into subgroups, and random samples are selected from each subgroup.
- Cluster Random Sampling: the population is divided into clusters, and random samples are selected from each cluster.
Confidence Intervals
- A confidence interval is a range of values within which the population parameter is likely to lie.
- Confidence level: the probability that the interval contains the population parameter (e.g., 95% confidence level means 95% of the intervals will contain the parameter).
- Margin of error: the maximum amount by which the sample statistic may differ from the population parameter.
Bias Correction
- Bias: a systematic error in the sample statistic that causes it to differ from the population parameter.
- Bias correction techniques include:
- Bootstrapping: resampling the data with replacement to estimate the bias.
- Jackknifing: systematically removing one observation at a time to estimate the bias.
Hypothesis Testing
- A statistical test used to determine whether a hypothesis about the population parameter is true or not.
- Null hypothesis (H0): a statement of no effect or no difference.
- Alternative hypothesis (H1): a statement of an effect or a difference.
- Test statistic: a numerical value used to determine whether to reject or fail to reject the null hypothesis.
- P-value: the probability of observing the test statistic (or more extreme) assuming the null hypothesis is true.
Percentiles
- A percentile is a value below which a certain percentage of the data falls.
- Types of percentiles include:
- 25th percentile (Q1): the value below which 25% of the data falls.
- 50th percentile (median): the value below which 50% of the data falls.
- 75th percentile (Q3): the value below which 75% of the data falls.
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Description
Learn about sample distributions, the Law of Large Numbers, and the Central Limit Theorem. Understand how these probability concepts are used to make inferences about population parameters.