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28 Cards in this Set

  • Front
  • Back
sampled population
the population from which a sample is taken
frame
a listing of the elements that the sample will be selected from
parameter
a numerical characteristic of a population, such as a population mean (mew), a population standard deviation (lowercase sigma), etc.
simple random sample
(finite population) a sample selected such that each possible sample size n has the same probability of being selected
sampling without replacement
once an element has been included in the sample, it is removed from the population an cannot be selected a second time
sampling with replacement
once an element has been included in the sample, it is returned to the population. previously selected element can be selected again
sample statistic
a sample characteristic, such as a sample mean (xbar)
point estimator
the sample statistic such as Xbar, stdev, or Pbar, that provides the point estimate of a population parameter
target population
the population for which statistical inferences such as point estimates are made. important to correspond as closely as possible to the sampled population
sampling distribution
a probability distribution consisting of all possible values of sample statistic
unbiased
a property of a point estimator that is present when the expected value point estimator is equal to the population parameter it estimates
finite population correction factor
the term used whenever a finite population is being sampled. ignore factor when n/N less than or equal to .05
standard error
the standard deviation of a point estimator
central limit theorem
a theorem that enables one to use the normal probability distribution to approximate the sampling distribution of xbar whenever the sample size is large
stratified random sampling
a probability sampling method in which the population is first divided into strata and a simple random sample is then taken from each stratum
cluster sampling
probability sampling method in which a population is first divided into clusters and a simple random sample of the clusters is taken
systematic sampling
sampling method in which we randomly select one of the first k elements and then select every kth element therafter
convenience sampling
nonprobability method of sampling whereby elements are selected for the sample on the basis of convenience
judgement sampling
a nonprobability method of sampling whereby elements are selected for the sample based on the judgement of the person doing the study
interval estimate
an estimate of a population parameter that provides an interval believed to contain the value of the parmeter. point estimate +/- margin of error
margin of error
the +/- value added to and subtracted from a point estimate in order to develop an interval estimate of a population parameter
std dev known
the case when historical data or other information provides a good value for the population standard deviation prior to taking a sample.
confidence level
the confidence associated with an interval estimate. percent of intervals formed using the procedure.
confidence coefficient
the confidence level expressed as a decimal value.
confidence interval
another name for an interval estimate
std dev unknown
the more common case when no good basis exists for estimating the population standard deviation prior to taking the sample
t distribution
a family of probability distributions that can be used to develop an interval estimate of a population mean whenever the std dev is unknown and is estimated by s
degrees of freedom
a parameter of the t distribution. equal to n-1 where n is the sample size