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12 Cards in this Set

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Population

A collection of objects, items, humans / animals ("units") about which information is sought.

Sample

A part of the population that is observed.

Parameter

A numerical characteristic of a population

Percent unemployment in the US

Statistic

A numerical function of the sample data, used to estimate an unknown parameter.

Percent unemployment in a sample.

Sampling frame

A list of all units in a finite population.

Often, we do not have a sampling frame and we need to choose which units to sample.

Representative sample

Does not differ in systematic and important ways from the population.

Convenience sampling

Involves using a sample that is easily available.

Judgement sampling

Involves a trained sample collector

Bias is possible with these sampling methods. To avoid bias, sampled randomly from the population.

Simple random sample (SRS)

Of size n from a population of size N

Is drawn without replacement so that each possible sample of size n has the same chance of being chosen.

Stratified random sampling

Involves dividing the population into homogeneous subpopulations and drawing and SRS from each one.

This is useful when you want to do statistics on subpopulations as well as the whole population. e.g. customers stratified by race (some races are rarer than others)

Multi-stage cluster sampling

"Tree structured" sampling. units are different at each stage.

Useful for sampling large populations.

1 in k systematic sampling

Consists of selecting every kth unit.

Useful for sampling items coming off assembly lines.