STATS 250 Lecture Notes - Lecture 8: Sampling Distribution, Bias Of An Estimator, Central Limit Theorem
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STATS 250 Full Course Notes
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Stats 250: introduction to statistics - lecture 8: distribution for a sample mean. Sample mean is not equal to the population mean and can change every time we take a new random sample. If all possible random samples of the same size n are taken and x is computed for each, then The average of all of the possible sample mean values is equal to the population mean . The standard deviation is an unbiased estimator of the population mean. The standard deviation of all of the possible sample mean values is equal to the original population standard deviation divided by n. Standard deviation of the sample mean is given by s. d. (x) = / n. If the parent population has a normal distribution, then the distribution of the possible values of x, the sample mean, is normal n( , / n)