Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
5 Cards in this Set
- Front
- Back
|
What is a Mean?
|
An average of the observations in a given population.
|
|
|
What is Standard Deviation?
|
The measure of spread from the mean in a population.
|
|
|
What is the Law of Large Numbers?
|
A theorem which shows that through experimental replication, the values obtained will become closer to the expected value. The mean (x-bar) of the observed values gets closer and closer to the mean (u) of the population.
|
|
|
What is a parameter?
|
A numerical characteristic of a given population. It is fixed. Unknown, as it is very difficult to examine the entire population.
|
|
|
What is a Statistic?
|
A numerical value that represents a specific sample of the entire population.
|
