Sampling Distributions Homework Answers

Size: px
Start display at page:

Download "Sampling Distributions Homework Answers"

Transcription

1 Sampling Distributions Homework Answers John Fox Soc. 6Z03, Fall % of registered voters are Democrats: parameter 36% of registered voters are Republicans: parameter 34% of voters contacted are Democrats: statistic No: The histogram of the sample values will resemble the histogram of the population; if the population is non-normal, then so will be the distribution of the sample. It s the sampling distribution of the sample means that becomes more normal as the sample size grows when we sample from a non-normal population State This is simply the problem, as stated: We want to find the probability that the average loss for 10,000 policies will be greater than $85 when the long-run average loss is $75. Plan Use the central limit theorem to approximate this probability; this is justified because for = the sampling distribution of sample means will be very close to normal. Solve The sample distribution of is ( )= ( ) = (75 3). Then, = = = and ( 85) = ( 3 33) = = 0004 Conclude The company can be 99.96% certain that its average loss won t exceed $85 per policy % is (c) a parameter (the percentage of all registered voters who voted) (a) (b) 1 = = = = = (20 30) = ( ) = = 5646 mean( ) = =25 SD( ) = = 6 4 = ( ) 1

2 (c) 1 = = = = = (20 30) = ( ) = 9996 (The normal table doesn t go beyond = ±3 49.) 2

3 Soc 6Z03: Sampling Distributions Homework Answers, Supplemental Questions John Fox ## Loading required package: splines ## Loading required package: RcmdrMisc ## Loading required package: car ## Loading required package: sandwich ## The Commander GUI is launched only in interactive sessions (a) Setting the seed for the R random number generator: > set.seed(12345) > NormalSamples < as.data.frame(matrix(rnorm(1000*10, mean=100, sd=15), + ncol=10)) > rownames(normalsamples) < paste("sample", 1:1000, sep="") > colnames(normalsamples) < paste("obs", 1:10, sep="") > NormalSamples$mean < rowmeans(normalsamples[,1:10]) n = 10 Histogram of 1000 sample means, each sample of size : > with(normalsamples, Hist(mean, scale="frequency", breaks="sturges", + col="darkgray")) file:///d:/courses/ /Soc6Z03/Homework/R sampling dist homework.html 1/9

4 > library(abind, pos=15) > library(e1071, pos=16) > numsummary(normalsamples[,"mean"], statistics=c("mean", "sd"), + quantiles=c(0,.25,.5,.75,1)) mean sd n file:///d:/courses/ /Soc6Z03/Homework/R sampling dist homework.html 2/9

5 The distribution of the sample means looks normal (as far as one can tell from a histogram): it is unimodal and symmetric with centre near 100 and standard deviation These values are close to the theoretical values, and n. μ = 100 σ/ = 15/ 10 = 4.74 Notes: Because the data are generated randomly, your results won t be exactly the same as mine. I suppressed the display of the interquartile range and quantiles in the numerical summaries computed for the 1000 sample means, leaving only the boxes for the mean and standard deviation checked. (b) > NormalSamples < as.data.frame(matrix(rnorm(1000*50, mean=100, sd=15), + ncol=50)) > rownames(normalsamples) < paste("sample", 1:1000, sep="") > colnames(normalsamples) < paste("obs", 1:50, sep="") > NormalSamples$mean < rowmeans(normalsamples[,1:50]) n = 50 For samples of size : > with(normalsamples, Hist(mean, scale="frequency", breaks="sturges", + col="darkgray")) file:///d:/courses/ /Soc6Z03/Homework/R sampling dist homework.html 3/9

6 > numsummary(normalsamples[,"mean"], statistics=c("mean", "sd"), + quantiles=c(0,.25,.5,.75,1)) mean sd n The distribution of sample means looks normal, as before; the mean of the sample means is again very close to μ = 100 (in fact, it rounds to 100); and the standard deviation of the sample means, 2.19, is close to the theoretical value, 15/ 50 = The variability of the sample means is therefore smaller for samples of size than for samples of size. n = 50 n = 10 ( c ) (optional) file:///d:/courses/ /Soc6Z03/Homework/R sampling dist homework.html 4/9

7 > ExponentialSamples < as.data.frame(matrix(rexp(1000*2, rate=1), ncol=2)) > rownames(exponentialsamples) < paste("sample", 1:1000, sep="") > colnames(exponentialsamples) < paste("obs", 1:2, sep="") > ExponentialSamples$mean < rowmeans(exponentialsamples[,1:2]) Here are the histogram, mean, and standard deviation for the distribution of the means of 1000 samples drawn from the exponential distribution with for : μ = σ = 1 n = 2 > with(exponentialsamples, Hist(mean, scale="frequency", breaks="sturges", + col="darkgray")) file:///d:/courses/ /Soc6Z03/Homework/R sampling dist homework.html 5/9

8 > numsummary(exponentialsamples[,"mean"], statistics=c("mean", "sd"), + quantiles=c(0,.25,.5,.75,1)) mean sd n ( x ) = μ = 1 ( x ) = σ/ = 1/ 2 = 0.71 The theoretical values are mean and SD n. > ExponentialSamples < as.data.frame(matrix(rexp(1000*5, rate=1), ncol=5)) > rownames(exponentialsamples) < paste("sample", 1:1000, sep="") > colnames(exponentialsamples) < paste("obs", 1:5, sep="") > ExponentialSamples$mean < rowmeans(exponentialsamples[,1:5]) Here are the histogram, mean, and standard deviation for the distribution of the means of 1000 samples drawn from the exponential distribution with for : μ = σ = 1 n = 5 > with(exponentialsamples, Hist(mean, scale="frequency", breaks="sturges", + col="darkgray")) file:///d:/courses/ /Soc6Z03/Homework/R sampling dist homework.html 6/9

9 > numsummary(exponentialsamples[,"mean"], statistics=c("mean", "sd"), + quantiles=c(0,.25,.5,.75,1)) mean sd n ( x ) = μ = 1 ( x ) = σ/ = 1/ 5 = 0.45 The theoretical values are mean and SD n. > ExponentialSamples < as.data.frame(matrix(rexp(1000*25, rate=1), ncol=25)) > rownames(exponentialsamples) < paste("sample", 1:1000, sep="") > colnames(exponentialsamples) < paste("obs", 1:25, sep="") > ExponentialSamples$mean < rowmeans(exponentialsamples[,1:25]) file:///d:/courses/ /Soc6Z03/Homework/R sampling dist homework.html 7/9

10 And here are the histogram, mean, and standard deviation for the distribution of the means of 1000 samples drawn from the exponential distribution with for : μ = σ = 1 n = 25 > with(exponentialsamples, Hist(mean, scale="frequency", breaks="sturges", + col="darkgray")) > numsummary(exponentialsamples[,"mean"], statistics=c("mean", "sd"), + quantiles=c(0,.25,.5,.75,1)) mean sd n file:///d:/courses/ /Soc6Z03/Homework/R sampling dist homework.html 8/9

11 ( x ) = μ = 1 ( x ) = σ/ = 1/ 25 = 0.2 The theoretical values are mean and SD n. As the sample size grows, the sampling distribution of the sample means becomes more symmetric, looking increasingly like a normal distribution, and thus illustrating the central limit theorem. The distribution of sample means is always centred near, but its spread decreases as the sample size grows. μ = 1 The means and standard deviations of the sample means are similar to the theoretical values. file:///d:/courses/ /Soc6Z03/Homework/R sampling dist homework.html 9/9

Value (x) probability Example A-2: Construct a histogram for population Ψ.

Value (x) probability Example A-2: Construct a histogram for population Ψ. Calculus 111, section 08.x The Central Limit Theorem notes by Tim Pilachowski If you haven t done it yet, go to the Math 111 page and download the handout: Central Limit Theorem supplement. Today s lecture

More information

Chapter 6. y y. Standardizing with z-scores. Standardizing with z-scores (cont.)

Chapter 6. y y. Standardizing with z-scores. Standardizing with z-scores (cont.) Starter Ch. 6: A z-score Analysis Starter Ch. 6 Your Statistics teacher has announced that the lower of your two tests will be dropped. You got a 90 on test 1 and an 85 on test 2. You re all set to drop

More information

Making Sense of Cents

Making Sense of Cents Name: Date: Making Sense of Cents Exploring the Central Limit Theorem Many of the variables that you have studied so far in this class have had a normal distribution. You have used a table of the normal

More information

Central Limit Theorem

Central Limit Theorem Central Limit Theorem Lots of Samples 1 Homework Read Sec 6-5. Discussion Question pg 329 Do Ex 6-5 8-15 2 Objective Use the Central Limit Theorem to solve problems involving sample means 3 Sample Means

More information

STA Module 3B Discrete Random Variables

STA Module 3B Discrete Random Variables STA 2023 Module 3B Discrete Random Variables Learning Objectives Upon completing this module, you should be able to 1. Determine the probability distribution of a discrete random variable. 2. Construct

More information

AMS 7 Sampling Distributions, Central limit theorem, Confidence Intervals Lecture 4

AMS 7 Sampling Distributions, Central limit theorem, Confidence Intervals Lecture 4 AMS 7 Sampling Distributions, Central limit theorem, Confidence Intervals Lecture 4 Department of Applied Mathematics and Statistics, University of California, Santa Cruz Summer 2014 1 / 26 Sampling Distributions!!!!!!

More information

4.1 Introduction Estimating a population mean The problem with estimating a population mean with a sample mean: an example...

4.1 Introduction Estimating a population mean The problem with estimating a population mean with a sample mean: an example... Chapter 4 Point estimation Contents 4.1 Introduction................................... 2 4.2 Estimating a population mean......................... 2 4.2.1 The problem with estimating a population mean

More information

The Central Limit Theorem (Solutions) COR1-GB.1305 Statistics and Data Analysis

The Central Limit Theorem (Solutions) COR1-GB.1305 Statistics and Data Analysis The Central Limit Theorem (Solutions) COR1-GB1305 Statistics and Data Analysis 1 You draw a random sample of size n = 64 from a population with mean µ = 50 and standard deviation σ = 16 From this, you

More information

STAT Chapter 7: Confidence Intervals

STAT Chapter 7: Confidence Intervals STAT 515 -- Chapter 7: Confidence Intervals With a point estimate, we used a single number to estimate a parameter. We can also use a set of numbers to serve as reasonable estimates for the parameter.

More information

Chapter 4. The Normal Distribution

Chapter 4. The Normal Distribution Chapter 4 The Normal Distribution 1 Chapter 4 Overview Introduction 4-1 Normal Distributions 4-2 Applications of the Normal Distribution 4-3 The Central Limit Theorem 4-4 The Normal Approximation to the

More information

STA Rev. F Learning Objectives. What is a Random Variable? Module 5 Discrete Random Variables

STA Rev. F Learning Objectives. What is a Random Variable? Module 5 Discrete Random Variables STA 2023 Module 5 Discrete Random Variables Learning Objectives Upon completing this module, you should be able to: 1. Determine the probability distribution of a discrete random variable. 2. Construct

More information

Parametric Statistics: Exploring Assumptions.

Parametric Statistics: Exploring Assumptions. Parametric Statistics: Exploring Assumptions http://www.pelagicos.net/classes_biometry_fa17.htm Reading - Field: Chapter 5 R Packages Used in This Chapter For this chapter, you will use the following packages:

More information

Chapter Seven. The Normal Distribution

Chapter Seven. The Normal Distribution Chapter Seven The Normal Distribution 7-1 Introduction Many continuous variables have distributions that are bellshaped and are called approximately normally distributed variables, such as the heights

More information

Lecture 9. Probability Distributions

Lecture 9. Probability Distributions Lecture 9 Probability Distributions Outline 6-1 Introduction 6-2 Probability Distributions 6-3 Mean, Variance, and Expectation 6-4 The Binomial Distribution Outline 7-2 Properties of the Normal Distribution

More information

Both the quizzes and exams are closed book. However, For quizzes: Formulas will be provided with quiz papers if there is any need.

Both the quizzes and exams are closed book. However, For quizzes: Formulas will be provided with quiz papers if there is any need. Both the quizzes and exams are closed book. However, For quizzes: Formulas will be provided with quiz papers if there is any need. For exams (MD1, MD2, and Final): You may bring one 8.5 by 11 sheet of

More information

1. Variability in estimates and CLT

1. Variability in estimates and CLT Unit3: Foundationsforinference 1. Variability in estimates and CLT Sta 101 - Fall 2015 Duke University, Department of Statistical Science Dr. Çetinkaya-Rundel Slides posted at http://bit.ly/sta101_f15

More information

The Central Limit Theorem

The Central Limit Theorem Section 6-5 The Central Limit Theorem I. Sampling Distribution of Sample Mean ( ) Eample 1: Population Distribution Table 2 4 6 8 P() 1/4 1/4 1/4 1/4 μ (a) Find the population mean and population standard

More information

Chapter 15: Sampling distributions

Chapter 15: Sampling distributions =true true Chapter 15: Sampling distributions Objective (1) Get "big picture" view on drawing inferences from statistical studies. (2) Understand the concept of sampling distributions & sampling variability.

More information

5.3 Interval Estimation

5.3 Interval Estimation 5.3 Interval Estimation Ulrich Hoensch Wednesday, March 13, 2013 Confidence Intervals Definition Let θ be an (unknown) population parameter. A confidence interval with confidence level C is an interval

More information

Review of commonly missed questions on the online quiz. Lecture 7: Random variables] Expected value and standard deviation. Let s bet...

Review of commonly missed questions on the online quiz. Lecture 7: Random variables] Expected value and standard deviation. Let s bet... Recap Review of commonly missed questions on the online quiz Lecture 7: ] Statistics 101 Mine Çetinkaya-Rundel OpenIntro quiz 2: questions 4 and 5 September 20, 2011 Statistics 101 (Mine Çetinkaya-Rundel)

More information

Sampling and sampling distribution

Sampling and sampling distribution Sampling and sampling distribution September 12, 2017 STAT 101 Class 5 Slide 1 Outline of Topics 1 Sampling 2 Sampling distribution of a mean 3 Sampling distribution of a proportion STAT 101 Class 5 Slide

More information

Sampling Distributions

Sampling Distributions Section 8.1 119 Sampling Distributions Section 8.1 C H A P T E R 8 4Example 2 (pg. 378) Sampling Distribution of the Sample Mean The heights of 3-year-old girls are normally distributed with μ=38.72 and

More information

Lecture 9. Probability Distributions. Outline. Outline

Lecture 9. Probability Distributions. Outline. Outline Outline Lecture 9 Probability Distributions 6-1 Introduction 6- Probability Distributions 6-3 Mean, Variance, and Expectation 6-4 The Binomial Distribution Outline 7- Properties of the Normal Distribution

More information

Refer to Ex 3-18 on page Record the info for Brand A in a column. Allow 3 adjacent other columns to be added. Do the same for Brand B.

Refer to Ex 3-18 on page Record the info for Brand A in a column. Allow 3 adjacent other columns to be added. Do the same for Brand B. Refer to Ex 3-18 on page 123-124 Record the info for Brand A in a column. Allow 3 adjacent other columns to be added. Do the same for Brand B. Test on Chapter 3 Friday Sept 27 th. You are expected to provide

More information

Examples: Random Variables. Discrete and Continuous Random Variables. Probability Distributions

Examples: Random Variables. Discrete and Continuous Random Variables. Probability Distributions Random Variables Examples: Random variable a variable (typically represented by x) that takes a numerical value by chance. Number of boys in a randomly selected family with three children. Possible values:

More information

Confidence Intervals for the Difference Between Two Means with Tolerance Probability

Confidence Intervals for the Difference Between Two Means with Tolerance Probability Chapter 47 Confidence Intervals for the Difference Between Two Means with Tolerance Probability Introduction This procedure calculates the sample size necessary to achieve a specified distance from the

More information

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Chapter 6 Exam A Name The given values are discrete. Use the continuity correction and describe the region of the normal distribution that corresponds to the indicated probability. 1) The probability of

More information

AP * Statistics Review

AP * Statistics Review AP * Statistics Review Normal Models and Sampling Distributions Teacher Packet AP* is a trademark of the College Entrance Examination Board. The College Entrance Examination Board was not involved in the

More information

Chapter 7: Sampling Distributions Chapter 7: Sampling Distributions

Chapter 7: Sampling Distributions Chapter 7: Sampling Distributions Chapter 7: Sampling Distributions Objectives: Students will: Define a sampling distribution. Contrast bias and variability. Describe the sampling distribution of a proportion (shape, center, and spread).

More information

Chapter 3 Descriptive Statistics: Numerical Measures Part A

Chapter 3 Descriptive Statistics: Numerical Measures Part A Slides Prepared by JOHN S. LOUCKS St. Edward s University Slide 1 Chapter 3 Descriptive Statistics: Numerical Measures Part A Measures of Location Measures of Variability Slide Measures of Location Mean

More information

The Standard Deviation as a Ruler and the Normal Model. Copyright 2009 Pearson Education, Inc.

The Standard Deviation as a Ruler and the Normal Model. Copyright 2009 Pearson Education, Inc. The Standard Deviation as a Ruler and the Normal Mol Copyright 2009 Pearson Education, Inc. The trick in comparing very different-looking values is to use standard viations as our rulers. The standard

More information

The Normal Distribution

The Normal Distribution 5.1 Introduction to Normal Distributions and the Standard Normal Distribution Section Learning objectives: 1. How to interpret graphs of normal probability distributions 2. How to find areas under the

More information

Chapter 9: Sampling Distributions

Chapter 9: Sampling Distributions Chapter 9: Sampling Distributions 9. Introduction This chapter connects the material in Chapters 4 through 8 (numerical descriptive statistics, sampling, and probability distributions, in particular) with

More information

MA131 Lecture 8.2. The normal distribution curve can be considered as a probability distribution curve for normally distributed variables.

MA131 Lecture 8.2. The normal distribution curve can be considered as a probability distribution curve for normally distributed variables. Normal distribution curve as probability distribution curve The normal distribution curve can be considered as a probability distribution curve for normally distributed variables. The area under the normal

More information

Chapter 7. Confidence Intervals and Sample Sizes. Definition. Definition. Definition. Definition. Confidence Interval : CI. Point Estimate.

Chapter 7. Confidence Intervals and Sample Sizes. Definition. Definition. Definition. Definition. Confidence Interval : CI. Point Estimate. Chapter 7 Confidence Intervals and Sample Sizes 7. Estimating a Proportion p 7.3 Estimating a Mean µ (σ known) 7.4 Estimating a Mean µ (σ unknown) 7.5 Estimating a Standard Deviation σ In a recent poll,

More information

ECON 214 Elements of Statistics for Economists 2016/2017

ECON 214 Elements of Statistics for Economists 2016/2017 ECON 214 Elements of Statistics for Economists 2016/2017 Topic The Normal Distribution Lecturer: Dr. Bernardin Senadza, Dept. of Economics bsenadza@ug.edu.gh College of Education School of Continuing and

More information

Lecture Slides. Elementary Statistics Tenth Edition. by Mario F. Triola. and the Triola Statistics Series. Slide 1

Lecture Slides. Elementary Statistics Tenth Edition. by Mario F. Triola. and the Triola Statistics Series. Slide 1 Lecture Slides Elementary Statistics Tenth Edition and the Triola Statistics Series by Mario F. Triola Slide 1 Chapter 6 Normal Probability Distributions 6-1 Overview 6-2 The Standard Normal Distribution

More information

Lecture 6: Normal distribution

Lecture 6: Normal distribution Lecture 6: Normal distribution Statistics 101 Mine Çetinkaya-Rundel February 2, 2012 Announcements Announcements HW 1 due now. Due: OQ 2 by Monday morning 8am. Statistics 101 (Mine Çetinkaya-Rundel) L6:

More information

Review: Population, sample, and sampling distributions

Review: Population, sample, and sampling distributions Review: Population, sample, and sampling distributions A population with mean µ and standard deviation σ For instance, µ = 0, σ = 1 0 1 Sample 1, N=30 Sample 2, N=30 Sample 100000000000 InterquartileRange

More information

ECON 214 Elements of Statistics for Economists

ECON 214 Elements of Statistics for Economists ECON 214 Elements of Statistics for Economists Session 7 The Normal Distribution Part 1 Lecturer: Dr. Bernardin Senadza, Dept. of Economics Contact Information: bsenadza@ug.edu.gh College of Education

More information

SAMPLING DISTRIBUTIONS. Chapter 7

SAMPLING DISTRIBUTIONS. Chapter 7 SAMPLING DISTRIBUTIONS Chapter 7 7.1 How Likely Are the Possible Values of a Statistic? The Sampling Distribution Statistic and Parameter Statistic numerical summary of sample data: p-hat or xbar Parameter

More information

The normal distribution is a theoretical model derived mathematically and not empirically.

The normal distribution is a theoretical model derived mathematically and not empirically. Sociology 541 The Normal Distribution Probability and An Introduction to Inferential Statistics Normal Approximation The normal distribution is a theoretical model derived mathematically and not empirically.

More information

Normal Cumulative Distribution Function (CDF)

Normal Cumulative Distribution Function (CDF) The Normal Model 2 Solutions COR1-GB.1305 Statistics and Data Analysis Normal Cumulative Distribution Function (CDF 1. Suppose that an automobile muffler is designed so that its lifetime (in months is

More information

Statistics for Managers Using Microsoft Excel 7 th Edition

Statistics for Managers Using Microsoft Excel 7 th Edition Statistics for Managers Using Microsoft Excel 7 th Edition Chapter 7 Sampling Distributions Statistics for Managers Using Microsoft Excel 7e Copyright 2014 Pearson Education, Inc. Chap 7-1 Learning Objectives

More information

Normal Model (Part 1)

Normal Model (Part 1) Normal Model (Part 1) Formulas New Vocabulary The Standard Deviation as a Ruler The trick in comparing very different-looking values is to use standard deviations as our rulers. The standard deviation

More information

Chapter 8: The Binomial and Geometric Distributions

Chapter 8: The Binomial and Geometric Distributions Chapter 8: The Binomial and Geometric Distributions 8.1 Binomial Distributions 8.2 Geometric Distributions 1 Let me begin with an example My best friends from Kent School had three daughters. What is the

More information

Hypothesis Tests: One Sample Mean Cal State Northridge Ψ320 Andrew Ainsworth PhD

Hypothesis Tests: One Sample Mean Cal State Northridge Ψ320 Andrew Ainsworth PhD Hypothesis Tests: One Sample Mean Cal State Northridge Ψ320 Andrew Ainsworth PhD MAJOR POINTS Sampling distribution of the mean revisited Testing hypotheses: sigma known An example Testing hypotheses:

More information

Statistics 251: Statistical Methods Sampling Distributions Module

Statistics 251: Statistical Methods Sampling Distributions Module Statistics 251: Statistical Methods Sampling Distributions Module 7 2018 Three Types of Distributions data distribution the distribution of a variable in a sample population distribution the probability

More information

Chapter 7 Study Guide: The Central Limit Theorem

Chapter 7 Study Guide: The Central Limit Theorem Chapter 7 Study Guide: The Central Limit Theorem Introduction Why are we so concerned with means? Two reasons are that they give us a middle ground for comparison and they are easy to calculate. In this

More information

Distribution of the Sample Mean

Distribution of the Sample Mean Distribution of the Sample Mean MATH 130, Elements of Statistics I J. Robert Buchanan Department of Mathematics Fall 2018 Experiment (1 of 3) Suppose we have the following population : 4 8 1 2 3 4 9 1

More information

STAT Chapter 6 The Standard Deviation (SD) as a Ruler and The Normal Model

STAT Chapter 6 The Standard Deviation (SD) as a Ruler and The Normal Model STAT 203 - Chapter 6 The Standard Deviation (SD) as a Ruler and The Normal Model In Chapter 5, we introduced a few measures of center and spread, and discussed how the mean and standard deviation are good

More information

STAT Chapter 6 The Standard Deviation (SD) as a Ruler and The Normal Model

STAT Chapter 6 The Standard Deviation (SD) as a Ruler and The Normal Model STAT 203 - Chapter 6 The Standard Deviation (SD) as a Ruler and The Normal Model In Chapter 5, we introduced a few measures of center and spread, and discussed how the mean and standard deviation are good

More information

X Prob

X Prob Wednesday, December 6, 2017 Warm-up Faked numbers in tax returns, invoices, or expense account claims often display patterns that aren t present in legitimate records. Some patterns, like too many round

More information

L04: Homework Answer Key

L04: Homework Answer Key L04: Homework Answer Key Instructions: You are encouraged to collaborate with other students on the homework, but it is important that you do your own work. Before working with someone else on the assignment,

More information

Statistics 13 Elementary Statistics

Statistics 13 Elementary Statistics Statistics 13 Elementary Statistics Summer Session I 2012 Lecture Notes 5: Estimation with Confidence intervals 1 Our goal is to estimate the value of an unknown population parameter, such as a population

More information

Sampling Distributions

Sampling Distributions Sampling Distributions This is an important chapter; it is the bridge from probability and descriptive statistics that we studied in Chapters 3 through 7 to inferential statistics which forms the latter

More information

The Central Limit Theorem. Sec. 8.2: The Random Variable. it s Distribution. it s Distribution

The Central Limit Theorem. Sec. 8.2: The Random Variable. it s Distribution. it s Distribution The Central Limit Theorem Sec. 8.1: The Random Variable it s Distribution Sec. 8.2: The Random Variable it s Distribution X p and and How Should You Think of a Random Variable? Imagine a bag with numbers

More information

Class 13. Daniel B. Rowe, Ph.D. Department of Mathematics, Statistics, and Computer Science. Marquette University MATH 1700

Class 13. Daniel B. Rowe, Ph.D. Department of Mathematics, Statistics, and Computer Science. Marquette University MATH 1700 Class 13 Daniel B. Rowe, Ph.D. Department of Mathematics, Statistics, and Computer Science Copyright 017 by D.B. Rowe 1 Agenda: Recap Chapter 6.3 6.5 Lecture Chapter 7.1 7. Review Chapter 5 for Eam 3.

More information

STATISTICS - CLUTCH CH.9: SAMPLING DISTRIBUTIONS: MEAN.

STATISTICS - CLUTCH CH.9: SAMPLING DISTRIBUTIONS: MEAN. !! www.clutchprep.com SAMPLING DISTRIBUTIONS (MEANS) As of now, the normal distributions we have worked with only deal with the population of observations Example: What is the probability of randomly selecting

More information

CH 5 Normal Probability Distributions Properties of the Normal Distribution

CH 5 Normal Probability Distributions Properties of the Normal Distribution Properties of the Normal Distribution Example A friend that is always late. Let X represent the amount of minutes that pass from the moment you are suppose to meet your friend until the moment your friend

More information

STA 320 Fall Thursday, Dec 5. Sampling Distribution. STA Fall

STA 320 Fall Thursday, Dec 5. Sampling Distribution. STA Fall STA 320 Fall 2013 Thursday, Dec 5 Sampling Distribution STA 320 - Fall 2013-1 Review We cannot tell what will happen in any given individual sample (just as we can not predict a single coin flip in advance).

More information

NORMAL RANDOM VARIABLES (Normal or gaussian distribution)

NORMAL RANDOM VARIABLES (Normal or gaussian distribution) NORMAL RANDOM VARIABLES (Normal or gaussian distribution) Many variables, as pregnancy lengths, foot sizes etc.. exhibit a normal distribution. The shape of the distribution is a symmetric bell shape.

More information

Determining Sample Size. Slide 1 ˆ ˆ. p q n E = z α / 2. (solve for n by algebra) n = E 2

Determining Sample Size. Slide 1 ˆ ˆ. p q n E = z α / 2. (solve for n by algebra) n = E 2 Determining Sample Size Slide 1 E = z α / 2 ˆ ˆ p q n (solve for n by algebra) n = ( zα α / 2) 2 p ˆ qˆ E 2 Sample Size for Estimating Proportion p When an estimate of ˆp is known: Slide 2 n = ˆ ˆ ( )

More information

Data Distributions and Normality

Data Distributions and Normality Data Distributions and Normality Definition (Non)Parametric Parametric statistics assume that data come from a normal distribution, and make inferences about parameters of that distribution. These statistical

More information

The Normal Distribution

The Normal Distribution Stat 6 Introduction to Business Statistics I Spring 009 Professor: Dr. Petrutza Caragea Section A Tuesdays and Thursdays 9:300:50 a.m. Chapter, Section.3 The Normal Distribution Density Curves So far we

More information

Normal Probability Distributions

Normal Probability Distributions Normal Probability Distributions Properties of Normal Distributions The most important probability distribution in statistics is the normal distribution. Normal curve A normal distribution is a continuous

More information

Chapter 6. The Normal Probability Distributions

Chapter 6. The Normal Probability Distributions Chapter 6 The Normal Probability Distributions 1 Chapter 6 Overview Introduction 6-1 Normal Probability Distributions 6-2 The Standard Normal Distribution 6-3 Applications of the Normal Distribution 6-5

More information

Numerical Descriptions of Data

Numerical Descriptions of Data Numerical Descriptions of Data Measures of Center Mean x = x i n Excel: = average ( ) Weighted mean x = (x i w i ) w i x = data values x i = i th data value w i = weight of the i th data value Median =

More information

As you draw random samples of size n, as n increases, the sample means tend to be normally distributed.

As you draw random samples of size n, as n increases, the sample means tend to be normally distributed. The Central Limit Theorem The central limit theorem (clt for short) is one of the most powerful and useful ideas in all of statistics. The clt says that if we collect samples of size n with a "large enough

More information

Normal Curves & Sampling Distributions

Normal Curves & Sampling Distributions Chapter 7 Name Normal Curves & Sampling Distributions Section 7.1 Graphs of Normal Probability Distributions Objective: In this lesson you learned how to graph a normal curve and apply the empirical rule

More information

Unit2: Probabilityanddistributions. 3. Normal distribution

Unit2: Probabilityanddistributions. 3. Normal distribution Announcements Unit: Probabilityanddistributions 3 Normal distribution Sta 101 - Spring 015 Duke University, Department of Statistical Science February, 015 Peer evaluation 1 by Friday 11:59pm Office hours:

More information

Shifting and rescaling data distributions

Shifting and rescaling data distributions Shifting and rescaling data distributions It is useful to consider the effect of systematic alterations of all the values in a data set. The simplest such systematic effect is a shift by a fixed constant.

More information

Sampling Distributions

Sampling Distributions AP Statistics Ch. 7 Notes Sampling Distributions A major field of statistics is statistical inference, which is using information from a sample to draw conclusions about a wider population. Parameter:

More information

Homework: Due Wed, Nov 3 rd Chapter 8, # 48a, 55c and 56 (count as 1), 67a

Homework: Due Wed, Nov 3 rd Chapter 8, # 48a, 55c and 56 (count as 1), 67a Homework: Due Wed, Nov 3 rd Chapter 8, # 48a, 55c and 56 (count as 1), 67a Announcements: There are some office hour changes for Nov 5, 8, 9 on website Week 5 quiz begins after class today and ends at

More information

Class 16. Daniel B. Rowe, Ph.D. Department of Mathematics, Statistics, and Computer Science. Marquette University MATH 1700

Class 16. Daniel B. Rowe, Ph.D. Department of Mathematics, Statistics, and Computer Science. Marquette University MATH 1700 Class 16 Daniel B. Rowe, Ph.D. Department of Mathematics, Statistics, and Computer Science Copyright 013 by D.B. Rowe 1 Agenda: Recap Chapter 7. - 7.3 Lecture Chapter 8.1-8. Review Chapter 6. Problem Solving

More information

Math 227 Elementary Statistics. Bluman 5 th edition

Math 227 Elementary Statistics. Bluman 5 th edition Math 227 Elementary Statistics Bluman 5 th edition CHAPTER 6 The Normal Distribution 2 Objectives Identify distributions as symmetrical or skewed. Identify the properties of the normal distribution. Find

More information

8.2 The Standard Deviation as a Ruler Chapter 8 The Normal and Other Continuous Distributions 8-1

8.2 The Standard Deviation as a Ruler Chapter 8 The Normal and Other Continuous Distributions 8-1 8.2 The Standard Deviation as a Ruler Chapter 8 The Normal and Other Continuous Distributions For Example: On August 8, 2011, the Dow dropped 634.8 points, sending shock waves through the financial community.

More information

Chapter 8 Estimation

Chapter 8 Estimation Chapter 8 Estimation There are two important forms of statistical inference: estimation (Confidence Intervals) Hypothesis Testing Statistical Inference drawing conclusions about populations based on samples

More information

Chapter 7 Sampling Distributions and Point Estimation of Parameters

Chapter 7 Sampling Distributions and Point Estimation of Parameters Chapter 7 Sampling Distributions and Point Estimation of Parameters Part 1: Sampling Distributions, the Central Limit Theorem, Point Estimation & Estimators Sections 7-1 to 7-2 1 / 25 Statistical Inferences

More information

Chapter 8 Homework Solutions Compiled by Joe Kahlig. speed(x) freq 25 x < x < x < x < x < x < 55 5

Chapter 8 Homework Solutions Compiled by Joe Kahlig. speed(x) freq 25 x < x < x < x < x < x < 55 5 H homework problems, C-copyright Joe Kahlig Chapter Solutions, Page Chapter Homework Solutions Compiled by Joe Kahlig. (a) finite discrete (b) infinite discrete (c) continuous (d) finite discrete (e) continuous.

More information

Quantitative Methods for Economics, Finance and Management (A86050 F86050)

Quantitative Methods for Economics, Finance and Management (A86050 F86050) Quantitative Methods for Economics, Finance and Management (A86050 F86050) Matteo Manera matteo.manera@unimib.it Marzio Galeotti marzio.galeotti@unimi.it 1 This material is taken and adapted from Guy Judge

More information

Data Analysis and Statistical Methods Statistics 651

Data Analysis and Statistical Methods Statistics 651 Review of previous lecture: Why confidence intervals? Data Analysis and Statistical Methods Statistics 651 http://www.stat.tamu.edu/~suhasini/teaching.html Suhasini Subba Rao Suppose you want to know the

More information

4.1 Probability Distributions

4.1 Probability Distributions Probability and Statistics Mrs. Leahy Chapter 4: Discrete Probability Distribution ALWAYS KEEP IN MIND: The Probability of an event is ALWAYS between: and!!!! 4.1 Probability Distributions Random Variables

More information

Homework: Due Wed, Feb 20 th. Chapter 8, # 60a + 62a (count together as 1), 74, 82

Homework: Due Wed, Feb 20 th. Chapter 8, # 60a + 62a (count together as 1), 74, 82 Announcements: Week 5 quiz begins at 4pm today and ends at 3pm on Wed If you take more than 20 minutes to complete your quiz, you will only receive partial credit. (It doesn t cut you off.) Today: Sections

More information

Expected Value of a Random Variable

Expected Value of a Random Variable Knowledge Article: Probability and Statistics Expected Value of a Random Variable Expected Value of a Discrete Random Variable You're familiar with a simple mean, or average, of a set. The mean value of

More information

Averages and Variability. Aplia (week 3 Measures of Central Tendency) Measures of central tendency (averages)

Averages and Variability. Aplia (week 3 Measures of Central Tendency) Measures of central tendency (averages) Chapter 4 Averages and Variability Aplia (week 3 Measures of Central Tendency) Chapter 5 (omit 5.2, 5.6, 5.8, 5.9) Aplia (week 4 Measures of Variability) Measures of central tendency (averages) Measures

More information

Commonly Used Distributions

Commonly Used Distributions Chapter 4: Commonly Used Distributions 1 Introduction Statistical inference involves drawing a sample from a population and analyzing the sample data to learn about the population. We often have some knowledge

More information

Random Variables CHAPTER 6.3 BINOMIAL AND GEOMETRIC RANDOM VARIABLES

Random Variables CHAPTER 6.3 BINOMIAL AND GEOMETRIC RANDOM VARIABLES Random Variables CHAPTER 6.3 BINOMIAL AND GEOMETRIC RANDOM VARIABLES Essential Question How can I determine whether the conditions for using binomial random variables are met? Binomial Settings When the

More information

BIOL The Normal Distribution and the Central Limit Theorem

BIOL The Normal Distribution and the Central Limit Theorem BIOL 300 - The Normal Distribution and the Central Limit Theorem In the first week of the course, we introduced a few measures of center and spread, and discussed how the mean and standard deviation are

More information

Part V - Chance Variability

Part V - Chance Variability Part V - Chance Variability Dr. Joseph Brennan Math 148, BU Dr. Joseph Brennan (Math 148, BU) Part V - Chance Variability 1 / 78 Law of Averages In Chapter 13 we discussed the Kerrich coin-tossing experiment.

More information

Chapter 16. Random Variables. Copyright 2010 Pearson Education, Inc.

Chapter 16. Random Variables. Copyright 2010 Pearson Education, Inc. Chapter 16 Random Variables Copyright 2010 Pearson Education, Inc. Expected Value: Center A random variable assumes a value based on the outcome of a random event. We use a capital letter, like X, to denote

More information

Chapter 18 Sampling Distribution Models

Chapter 18 Sampling Distribution Models 282 Part V From the Data at Hand to the World at Large 1. Send mone. Chapter 18 Sampling Distribution Models All of the histograms are centered around p = 005.. As n gets larger, the shape of the histograms

More information

Problem Set 07 Discrete Random Variables

Problem Set 07 Discrete Random Variables Name Problem Set 07 Discrete Random Variables MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Find the mean of the random variable. 1) The random

More information

7 THE CENTRAL LIMIT THEOREM

7 THE CENTRAL LIMIT THEOREM CHAPTER 7 THE CENTRAL LIMIT THEOREM 373 7 THE CENTRAL LIMIT THEOREM Figure 7.1 If you want to figure out the distribution of the change people carry in their pockets, using the central limit theorem and

More information

STAT Chapter 5: Continuous Distributions. Probability distributions are used a bit differently for continuous r.v. s than for discrete r.v. s.

STAT Chapter 5: Continuous Distributions. Probability distributions are used a bit differently for continuous r.v. s than for discrete r.v. s. STAT 515 -- Chapter 5: Continuous Distributions Probability distributions are used a bit differently for continuous r.v. s than for discrete r.v. s. Continuous distributions typically are represented by

More information

M249 Diagnostic Quiz

M249 Diagnostic Quiz THE OPEN UNIVERSITY Faculty of Mathematics and Computing M249 Diagnostic Quiz Prepared by the Course Team [Press to begin] c 2005, 2006 The Open University Last Revision Date: May 19, 2006 Version 4.2

More information

Chapter 7 - Lecture 1 General concepts and criteria

Chapter 7 - Lecture 1 General concepts and criteria Chapter 7 - Lecture 1 General concepts and criteria January 29th, 2010 Best estimator Mean Square error Unbiased estimators Example Unbiased estimators not unique Special case MVUE Bootstrap General Question

More information

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Ch. 8 Sampling Distributions 8.1 Distribution of the Sample Mean 1 Describe the distribution of the sample mean: normal population. MULTIPLE CHOICE. Choose the one alternative that best completes the statement

More information

Central Limit Theorem (CLT) RLS

Central Limit Theorem (CLT) RLS Central Limit Theorem (CLT) RLS Central Limit Theorem (CLT) Definition The sampling distribution of the sample mean is approximately normal with mean µ and standard deviation (of the sampling distribution

More information

MA 1125 Lecture 12 - Mean and Standard Deviation for the Binomial Distribution. Objectives: Mean and standard deviation for the binomial distribution.

MA 1125 Lecture 12 - Mean and Standard Deviation for the Binomial Distribution. Objectives: Mean and standard deviation for the binomial distribution. MA 5 Lecture - Mean and Standard Deviation for the Binomial Distribution Friday, September 9, 07 Objectives: Mean and standard deviation for the binomial distribution.. Mean and Standard Deviation of the

More information