Chapter Seven Flashcards

Probability and Samples: The Distribution of Samples Matter (6 cards)

1
Q

What makes a distribution of sample means normal

A

The population the samples are obtained from are normal or the sample size is n=30 or more

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2
Q

What is sampling error

A

The difference between a sample’s result and the true result of the entire population, caused by random chance when a sample is not a perfect representation of the population

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3
Q

What is the central limit theorem

A

Under appropriate conditions, the distribution of a normalized version of the sample mean converges to a standard normal distribution

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4
Q

What is the law of large numbers

A

The larger the sample size (n) in a specific sample, the more probable that M is close to μ

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5
Q

How does one calculate standard error of the mean

A

σ/√n

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6
Q

What does standard error of the mean measure

A

The average expected difference between M and μ

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