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Chapter 8

The sampling error is the difference between a sample statistic and its corresponding population parameter. For example, the difference between the sample mean (X) and the population mean (μ), or the difference between the sample standard deviation (s) and the population standard deviation (σ). When random samples are taken from a population, sampling error is the amount of variation between the sample statistic and the true population parameter.

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255 views7 pages

Chapter 8

The sampling error is the difference between a sample statistic and its corresponding population parameter. For example, the difference between the sample mean (X) and the population mean (μ), or the difference between the sample standard deviation (s) and the population standard deviation (σ). When random samples are taken from a population, sampling error is the amount of variation between the sample statistic and the true population parameter.

Uploaded by

ebustosf
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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Sampling Error

The sampling error is the difference


between a sample statistic and its
corresponding population parameter.
Examples:
X 
s 
s 
2 2

p 
8-1
LO 8-2
Simple Random Sample: June
1
Rentals
0
2 2
Using Excel 3
4
3
2
5 3
Jane and Joe Miley operate the Foxtrot Inn, a 6 4
7 2
bed and breakfast in Tryon, North 8 3
Carolina. There are eight rooms available 9
10
4
7
for rent at this B&B. Listed below is the 11 3
12 4
number of these eight rooms rented each 13 4
day during June 2008. Use Excel to select 14 4
15 7
a sample of five nights during the month 16 0
17 5
of June. 18 3
 Find the mean of the population. Use 19
20
6
2
Excel or other statistical software to 21 3
22 2
select three random samples of five days. 23 3
Calculate the mean of each sample and 24 6
25 0
compare it to the population mean. What 26 4
27 1
is the sampling error in each case? 28 1
29 3
30 3
8-3
Solution
LO 8-4 Describe the sampling distribution of the mean.

Sampling Distribution of the Sample Mean

The sampling distribution of the


sample mean is a probability
distribution consisting of all possible
sample means of a given sample
size selected from a population.

8-7

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