WSTB10H3 Lecture Notes - Lecture 6: Statistic, Statistical Inference, Statistical Hypothesis Testing

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31 May 2017
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Statistics are used to estimate parameters statistics are an inference about population parameters. Estimating population parameters from sample statistics requires that samples are representative of the population. Samples drawn according to the rule of epsem (equal probability of selection method), in which every case in the population has the same chance of being selected for the sample are likely to be representative. Definition: the theoretical, probabilistic distribution of a statistic for all possible samples of a given size (n). The sampling distribution of a mean or proportion is a probability distribution represented by the normal curve. Two key theorems describe the sampling distribution i. This is known as the central limit theorem. Rather, it has a much smaller value the standard error. The standard error formula has several important implications: the sampling distribution clusters around the population mean as the sample size gets larger.

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