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### 5 Cards in this Set

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 what is a parameter? is the # that describes the population what is a statistic? a # can be computerd from your sample z s s^2 z-score law of large numbers (LLN) What is sampling distribution? Draw 20 people from 1000 people 2nd time: draw different 20 people from 1000 3rd time: draw another different 20 people from 1000 (This is sampling distribution because they have the same sample size from a population) What is sampling distribution of x(bar)? Find out the x-bar, the mean, from each sample of a sampling distribution x-bar= N(M1, standard deviation/square root of n) what is central limit theorem (CLT)? sample mean (x-bar) will follow N(mean, standard deviaton/square root of n)