《Lesson 3-1 Slides1》.pdf

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《Lesson 3-1 Slides1》.pdf

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ETF2121/ETF5912 Data Analysis in Business Sampling Distributions Learning Objectives • Understand the impact of the Central Limit Theorem on statistical analysis • Use the sampling distributions the sample mean, sample proportion, sample variance. 2 Sampling Distributions • The sampling distribution of a statistic is the probability distribution of the statistic over all possible samples • Sampling distribution of – Sample mean – Sample proportion – Sample variance 3 Sampling Distribution of the Sample Mean • Proper analysis and interpretation of a sample statistic requires knowledge of its distribution 4 Distribution of a Small Finite Population Population Histogram 3 y 2 c n e u q e 1 r F 0 52.5 57.5 62.5 67.5 72.5 N = 8 54, 55, 59, 63, 64, 68, 69, 70 Sample Space for n = 2 with Replacement Sample Mean Sample Mean Sample Mean Sample Mean 1 (54,54) 54.0 17 (59,54) 56.5 33 (64,54) 59.0 49 (69,54) 61.5 2 (54,55) 54.5 18 (59,55) 57.0 34 (64,55) 59.5 50 (69,55) 62.0 3 (54,59) 56.5 19 (59,59) 59.0 35 (64,59) 61.5 51 (69,59) 64.0 4 (54,63) 58.5 20 (59,63) 61.0 36 (64,63) 63.5 52 (69,63) 66.0 5 (54,64) 59.0 21 (59,64) 61.5 37 (64,64) 64.0 53 (69,64) 66.5 6 (54,68) 61.0 22 (59,68) 63.5 38 (64,68) 66.0 54 (69,68) 68.5 7 (54,69) 61.5 23 (59,69) 64.0 39 (64,69) 66.5 55