FARE 4360 Study Guide - Quiz Guide: Survey Data Collection, Frequency Distribution, Quota Sampling

• School: University of Guelph
• Department: Food, Agricultural and Resource Economics
• Course: FARE 4360
• Professor: Andreas Boecker

Document Summary

Three different distributions you need to know a) population distribution: the frequency distribution for a variable (e. g. income) of all elements of the population b) sample distribution: the frequency distribution for a variable of a sample of size n drawn from the population c) sampling distribution: the frequency distribution of the means of that variable of all theoretically possible samples with size n drawn from the population. How to check whether your informed/educated guess about the true state in the population is actually true a) null and alternative hypothesis (mutually exclusive) b) type i and type ii error c) test statistics and p value or region of acceptance d) two tailed and one tailed tests. Then a process to know: a) state hypotheses b) analysis plan: choose the right data and test method(s) c) data analysis: perform the required test(s) d) interpretation: reject or not reject the null hypothesis.