Sampling Distribution of a Static
Sampling Distribution of a Static
Sampling Distribution of a Static
sampling distribution of
standard deviation
Sampling Distribution of Proportion
Sampling distribution of proportion focuses on proportions in a
population. Here, you select samples and calculate their
corresponding proportions. The means of the sample proportions
from each group represent the proportion of the entire
population.
Sampling
distribution of proportion - 1
Sampling distribution
of proportion - 2
Formula for the sampling distribution of a proportion (often
denoted as p̂) is:
p̂ = x/n
where:
p̂ is Sample Proportion
x is Number of "successes" or occurrences of Event of
Interest in Sample
n is Sample Size
This formula calculates the proportion of occurrences of a certain
event (e.g., success, positive outcome) within a sample.
T-Distribution
Sampling distribution involves a small population or a population
about which you don't know much. It is used to estimate the
mean of the population and other statistics such as confidence
intervals, statistical differences and linear regression. T-
distribution uses a t-score to evaluate data that wouldn't be
appropriate for a normal distribution.
Formula for the t-score, denoted as t, is:
t = [x - μ] / [s /√(n)]
where:
x is Sample Mean
μ is Population Mean (or an estimate of it)
s is Sample Standard Deviation
n is Sample Size
This formula calculates the difference between the sample mean
and the population mean, scaled by the standard error of the
sample mean. The t-score helps to assess whether the observed
difference between the sample and population means is
statistically significant.
Central Limit Theorem[CLT]
Central Limit Theorem is the most important theorem of
Statistics.
Cent
ral Limit Theorem
According to the central limit theorem, if X1, X2, ..., Xn is a random
sample of size n taken from a population with mean µ and
variance σ2 then the sampling distribution of the sample mean
tends to normal distribution with mean µ and variance σ 2/n as
sample size tends to large.
This formula indicates that as the sample size increases, the
spread of the sample means around the population mean
decreases, with the standard deviation of the sample means
shrinking proportionally to the square root of the sample size, and
the variate Z,
Z = (x - μ)/(σ/√n)
where,
z is z-score
x is Value being Standardized (either an individual data
point or the sample mean)
μ is Population Mean
σ is Population Standard Deviation
n is Sample Size
This formula quantifies how many standard deviations a data
point (or sample mean) is away from the population mean.
Positive z-scores indicate values above the mean, while negative
z-scores indicate values below the mean. Follows the normal
distribution with mean 0 and variance unity, that is, the variate Z
follows standard normal distribution.
According to the central limit theorem, the sampling distribution
of the sample means tends to normal distribution as sample size
tends to large (n > 30).
Examples on Sampling Distribution
Example 1: Mean and standard deviation of the tax value of all
vehicles registered in a certain state are μ=$13,525 and
σ=$4,180. Suppose random samples of size 100 are drawn from
the population of vehicles. What are the mean μx̄ and standard
deviation σx̄ of the sample mean x̄?
Solution:
Since n = 100, the formulas yield
μx̄ = μ = $13,525
σx̄ = σ / √n = $4180 / √100
σx̄ = $418
Example 2: A prototype automotive tire has a design life of
38,500 miles with a standard deviation of 2,500 miles. Five such
tires are manufactured and tested. On the assumption that the
actual population mean is 38,500 miles and the actual population
standard deviation is 2,500 miles, find the probability that the
sample mean will be less than 36,000 miles. Assume that the
distribution of lifetimes of such tires is normal.
Solution:
Here, we will assume and use units of thousands of miles.
Then sample mean x̄ has
Mean: μx̄ = μ = 38.5
Standard Deviation: σx̄ = σ/√n = 2.5/√5 = 1.11803
Since the population is normally distributed, so is x̄, hence,
P (X < 36) = P(Z < {36 - μx̄ }/σx̄ )
P (X < 36) = P(Z < {36 - 38.5}/1.11803)
P (X < 36) = P(Z < -2.24)
P(X < 36) = 0.0125
Therefore, if the tires perform as designed then there is only
about a 1.25% chance that the average of a sample of this size
would be so low.