Scribd Logo
Upload

Welcome to Scribd!

  • 145 views

    Chapter 8

    Uploaded by

    ebustosf
    The sampling error is the difference between a sample statistic and its corresponding population parameter. For example, the difference between the sample mean (X) and the population mean (μ), or the difference between the sample standard deviation (s) and the population standard deviation (σ). When random samples are taken from a population, sampling error is the amount of variation between the sample statistic and the true population parameter.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Chapter 8

    Uploaded by

    ebustosf
    145 views7 pages
    The sampling error is the difference between a sample statistic and its corresponding population parameter. For example, the difference between the sample mean (X) and the population mean (μ), or the difference between the sample standard deviation (s) and the population standard deviation (σ). When random samples are taken from a population, sampling error is the amount of variation between the sample statistic and the true population parameter.

    Original Description:

    chapter_8

    Original Title

    chapter_8

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The sampling error is the difference between a sample statistic and its corresponding population parameter. For example, the difference between the sample mean (X) and the population mean (μ), or the difference between the sample standard deviation (s) and the population standard deviation (σ). When random samples are taken from a population, sampling error is the amount of variation between the sample statistic and the true population parameter.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    145 views7 pages

    Chapter 8

    Uploaded by

    ebustosf
    The sampling error is the difference between a sample statistic and its corresponding population parameter. For example, the difference between the sample mean (X) and the population mean (μ), or the difference between the sample standard deviation (s) and the population standard deviation (σ). When random samples are taken from a population, sampling error is the amount of variation between the sample statistic and the true population parameter.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 7

    Sampling Error

    The sampling error is the difference


    between a sample statistic and its
    corresponding population parameter.
    Examples:
    X 
    s 
    s 
    2 2

    p 
    8-1
    LO 8-2
    Simple Random Sample: June
    1
    Rentals
    0
    2 2
    Using Excel 3
    4
    3
    2
    5 3
    Jane and Joe Miley operate the Foxtrot Inn, a 6 4
    7 2
    bed and breakfast in Tryon, North 8 3
    Carolina. There are eight rooms available 9
    10
    4
    7
    for rent at this B&B. Listed below is the 11 3
    12 4
    number of these eight rooms rented each 13 4
    day during June 2008. Use Excel to select 14 4
    15 7
    a sample of five nights during the month 16 0
    17 5
    of June. 18 3
     Find the mean of the population. Use 19
    20
    6
    2
    Excel or other statistical software to 21 3
    22 2
    select three random samples of five days. 23 3
    Calculate the mean of each sample and 24 6
    25 0
    compare it to the population mean. What 26 4
    27 1
    is the sampling error in each case? 28 1
    29 3
    30 3
    8-3
    Solution
    LO 8-4 Describe the sampling distribution of the mean.

    Sampling Distribution of the Sample Mean

    The sampling distribution of the


    sample mean is a probability
    distribution consisting of all possible
    sample means of a given sample
    size selected from a population.

    8-7

    You might also like