Sampling Distribution of a Sample Mean

Slides:



Advertisements
Similar presentations
“Students” t-test.
Advertisements

Sampling Distribution of a Sample Proportion Lecture 26 Sections 8.1 – 8.2 Wed, Mar 8, 2006.
Sampling: Final and Initial Sample Size Determination
For a Normal probability distribution, let x be a random variable with a normal distribution whose mean is µ and whose standard deviation is σ. Let be.
Ka-fu Wong © 2003 Chap 8- 1 Dr. Ka-fu Wong ECON1003 Analysis of Economic Data.
Distribution of Sample Means, the Central Limit Theorem If we take a new sample, the sample mean varies. Thus the sample mean has a distribution, called.
Sampling Distributions
Suppose we are interested in the digits in people’s phone numbers. There is some population mean (μ) and standard deviation (σ) Now suppose we take a sample.
Chapter 6 Introduction to Sampling Distributions
Slide Slide 1 Copyright © 2007 Pearson Education, Inc Publishing as Pearson Addison-Wesley. Section 6-4 Sampling Distributions and Estimators Created by.
Fall 2006 – Fundamentals of Business Statistics 1 Chapter 6 Introduction to Sampling Distributions.
Horng-Chyi HorngStatistics II_Five43 Inference on the Variances of Two Normal Population &5-5 (&9-5)
6-5 The Central Limit Theorem
Population Proportion The fraction of values in a population which have a specific attribute p = Population proportion X = Number of items having the attribute.
Normal and Sampling Distributions A normal distribution is uniquely determined by its mean, , and variance,  2 The random variable Z = (X-  /  is.
Standard error of estimate & Confidence interval.
Chapter 6 Sampling and Sampling Distributions
Testing Hypotheses about a Population Proportion Lecture 29 Sections 9.1 – 9.3 Tue, Oct 23, 2007.
Copyright © 2010, 2007, 2004 Pearson Education, Inc. Lecture Slides Elementary Statistics Eleventh Edition and the Triola Statistics Series by.
Sampling and sampling distibutions. Sampling from a finite and an infinite population Simple random sample (finite population) – Population size N, sample.
Chapter 10 – Sampling Distributions Math 22 Introductory Statistics.
Section 5.2 The Sampling Distribution of the Sample Mean.
Sampling Distribution of a Sample Mean Lecture 30 Section 8.4 Mon, Mar 19, 2007.
Statistics Workshop Tutorial 5 Sampling Distribution The Central Limit Theorem.
Statistics 300: Elementary Statistics Section 6-5.
Determination of Sample Size: A Review of Statistical Theory
Distribution of the Sample Mean (Central Limit Theorem)
Slide Slide 1 Section 6-5 The Central Limit Theorem.
Sample Variability Consider the small population of integers {0, 2, 4, 6, 8} It is clear that the mean, μ = 4. Suppose we did not know the population mean.
Section 6-5 The Central Limit Theorem. THE CENTRAL LIMIT THEOREM Given: 1.The random variable x has a distribution (which may or may not be normal) with.
8 Sampling Distribution of the Mean Chapter8 p Sampling Distributions Population mean and standard deviation,  and   unknown Maximal Likelihood.
Estimation Chapter 8. Estimating µ When σ Is Known.
What is a Confidence Interval?. Sampling Distribution of the Sample Mean The statistic estimates the population mean We want the sampling distribution.
Summarizing Risk Analysis Results To quantify the risk of an output variable, 3 properties must be estimated: A measure of central tendency (e.g. µ ) A.
Review Normal Distributions –Draw a picture. –Convert to standard normal (if necessary) –Use the binomial tables to look up the value. –In the case of.
Testing Hypotheses about a Population Proportion Lecture 31 Sections 9.1 – 9.3 Wed, Mar 22, 2006.
Sampling Theory and Some Important Sampling Distributions.
Lecture 5 Introduction to Sampling Distributions.
MATH Section 4.4.
Sampling Distribution of a Sample Proportion Lecture 28 Sections 8.1 – 8.2 Wed, Mar 7, 2007.
Christopher, Anna, and Casey
Ch5.4 Central Limit Theorem
Sampling Distributions and Estimators
Testing Hypotheses about a Population Proportion
Section 9.2 – Sample Proportions
Sec. 7-5: Central Limit Theorem
Continuous Probability Distributions
Elementary Statistics: Picturing The World
MATH 2311 Section 4.4.
Why does sampling work?.
Independent Samples: Comparing Means
Lecture Slides Elementary Statistics Twelfth Edition
Making Decisions about a Population Mean with Confidence
Sampling Distribution of a Sample Mean
Sampling Distribution of a Sample Proportion
Sampling Distribution of the Mean
Sampling Distribution of a Sample Proportion
The estimate of the proportion (“p-hat”) based on the sample can be a variety of values, and we don’t expect to get the same value every time, but the.
Sampling Distribution of a Sample Mean
Lecture 7 Sampling and Sampling Distributions
The Central Limit Theorem
Determining Which Method to use
Sampling Distribution of a Sample Mean
Continuous Random Variables 2
Sampling Distribution of a Sample Proportion
Sample Proportions Section 9.2.
Testing Hypotheses about a Population Proportion
Independent Samples: Comparing Means
Testing Hypotheses about a Population Proportion
Modeling Discrete Variables
Presentation transcript:

Sampling Distribution of a Sample Mean Lecture 30 Section 8.4 Tue, Mar 15, 2005

The Central Limit Theorem Begin with a population that has mean  and standard deviation . For sample size n, the sampling distribution of the sample mean is approximately normal with

The Central Limit Theorem The approximation gets better and better as the sample size gets larger and larger. For many populations, the distribution is almost exactly normal when n  10. For almost all populations, if n  30, then the distribution is almost exactly normal.

The Central Limit Theorem Special Case: If the original population is exactly normal, then the sampling distribution of the sample mean is exactly normal for any sample size. This is all summarized on page 500.

Example The population {1, 2, 3} has Mean 2. Variance 2/3. Standard deviation (2/3) = 0.8165.

Example When n = 3, the sample mean is (very) approximately normal with Mean 2. Standard deviation 0.8165/3 = 0.4714.

Example When n = 30, the sample mean is approximately (almost exactly) normal with Mean 2. Standard deviation 0.8165/30 = 0.1491.

Example If I collect, with replacement, a sample of 30 values from this population, what is the probability that my sample mean will be at least 2.2?

Let’s Do It! Let’s do it! 8.9, p. 502 – Probability of Accepting the Shipment. Find P(X > 250). Note that P(X < 250) is. Let’s do it! 8.11, p. 504 – Testing Hypotheses about the Mean Weight of Nuts. Find P(X < 15.8), i.e., the p-value. Let’s do it! 8.10, p. 503 –Mean Grocery Expenditure.

Estimating the Population Mean Example 8.12, p. 504 – Estimating the Population Mean Grocery Expenditure. The sampling distribution ofx is approximately normal with x = $60. x = $35/100 = $3.50. Based on the Empirical Rule, 95% of all samples have a mean within $7.00 of $60, that is, between $53 and $67.

Estimating a Population Proportion See the article “Water on airlines often unacceptable, finds EPA.” They found that the water in 20 out of 158 airliners contained coliform. So p^ = 20/158 = 0.1266 = 12.66%. What is a good estimate of p, the planes whose water contains coliform as a proportion of all planes?

Estimating a Population Proportion Based on our theory, there is a 95% chance that p^ is within 2 standard deviations of p. Therefore, there is a 95% chance that p is within 2 standard deviations of p^. That is, there’s a 95% chance that p is between p^ – 2p^ and p^ + 2p^.

Estimating a Population Proportion Compute p^ = 0.0265 = 2.65%. Therefore, we are 95% sure that the true proportion is between 7.36% and 17.96%. This is called a 95% confidence interval. How clean are municipal water systems? Based on the data, is it reasonable to believe that the water on airliners is in fact cleaner than the water in municipal water systems?