Question

In: Statistics and Probability

Question One) Discuss what needs to be satisfied in order for the distribution of the sample...

Question One)

Discuss what needs to be satisfied in order for the distribution of the sample proportion to be considered approximately normal. From what probability distribution does this requirement come from?

Question 2 ) Discuss the requirements that need to met in order to state that the distribution of the sample mean follows a normal distribution.

Solutions

Expert Solution

1) we have a good sense of what happens as we take random samples from a population. Our simulation suggests that our initial intution about the shape and centre of the sampling distribution is correct. If the population has a propprtion of p, then random samples of the same size drawn from the population will have sample proportions close to p. More specifically, the distribution of sample proportions will have a mean of p. We also observed that for this situation, the sample proportions are approximately normal. We will see later that this is not always the case. But if sample proportions are normally diatributed, then the distribution is centered at p. Now we want to use simulation to help us think more about the variability we expect to see in the sample proportions. From intutions we tell that larger samples will better approximate the population, so we might expect less variability in large samples. A sampling distribution is a probability distribution of a stastic obtained from a larger number of samples drawn from a specific population. The sampling distribution of a given population is the distribution of frequencies of a range of different outcomes that could possibly occur for a stastic of a population. In stastics, a population is the entire pool from which a stastic sample is is drawn. A population may refer to an entire group of people, objects, events, hospital visuts, or measurments. A population can thus be said be an aggregate onservation of subjects grouped together by common feature.

2) Distribution sampling:- A sampling distribution is a probibility distribution of a stastic (such as the mean) that results from selecting an infinte number of random samples of the same size from a population. The given sampling distribution of a given population is the distribution of frequencies of a range of different outcomes that could possibly occure for a stastic of a population. The central limit theorem states that if you have a population with mean and standard deviation and take sufficiently large random samples from population with replacement, them the distribution of the sample means will be approximatly normally distributed. This will hold true regardless of weather the source population is normal skewed, provided the sample size is suffiviently large(usually small and is greater than or equal to 30) . If the population is normal, then the theorem holds true even for samples smaller than 30.in fact, this also holds true even if population is boinomial, provided that min (np, N(1-p)) greater than or equal to 5,where an is the sample size and p is the probability of success in the population. This means that we can use the normal probability model to quantify uncertaintly when making interference about a population mean based on the sample mean.   


Related Solutions

What consumer needs are satisfied by the heniz ketup?200 words
What consumer needs are satisfied by the heniz ketup?200 words
are your needs are satisfied using one type of digital media over another explain explain what...
are your needs are satisfied using one type of digital media over another explain explain what you do notice about the use of digital media in marketing. explain the advantages of using certain types of digital media
4.1) What three conditions must be satisfied in order to solve the critical section problem and...
4.1) What three conditions must be satisfied in order to solve the critical section problem and why? 4.2) Please answer each of the following questions briefly: a)   What is deadlock avoidance? (2 points) b)   What is deadlock prevention? (2 points) c)   Please discuss a strategy for deadlock avoidance (3 points) d)   Please discuss a strategy for deadlock prevention (3 points) 5. (Chapter 6) Please answer the following questions briefly (5 points each, total 10 points) 5.1) Explain the process of...
Only one question. 1. Why CFS’s business needs to have an ethical approach? Discuss the interrelationship...
Only one question. 1. Why CFS’s business needs to have an ethical approach? Discuss the interrelationship between ethics and sustainability as it relates to the food industry. Case: You are a group of fresh business graduates being tasked by an investment company (Alfa Investment) to assist a newly appointed CEO of Centennial Food Supermarkets (CFS). CFS has been listed on the Toronto Stock Exchange last year and new realities of being a public listed corporation required its new investors (Alpha)...
In ad determine whether the given procedure results in a binomial distribution For those that are not binomial identify at least one requirement that is not satisfied.
In ad determine whether the given procedure results in a binomial distribution For those that are not binomial identify at least one requirement that is not satisfied. For those that are define the binomial random variable. a) Drawing 5 cards from a deck of cards, with replacement, and counting the number of clubs. b) Drawing 5 cards from a deck of cards, without replacement, and counting the number of clubs c) Surveying 1000 college students by asking them how many credits they are...
To use a normal distribution in this scenario, which of the following conditions must be satisfied?
2020 Election ~ Bernie Sanders is a popular presidential candidate among university students for the 2020 presidential election. Leading into Michigan’s presidential primary election in 2020, a journalist, Lauren, took a random sample of 12133 university students and found that 9674 of them support Bernie Sanders. Using this data, Lauren wants to estimate the actual proportion of university students who support Bernie Sanders.We want to use statistical inference to estimate the actual proportion of university students who support Bernie Sanders.To...
The claim is that more than 75% of workers are satisfied with their job, and sample...
The claim is that more than 75% of workers are satisfied with their job, and sample statistics include 600 employed adults; with 490 of them saying that they are satisfied with their job. Use a 0.01 confidence interval to test the claim. Claim: Null Hypothesis: Alternative Hypothesis: Test Statistic: P-Value: Interpreting the Test Statistic by using P-Value: Critical Value: Interpreting the Test Statistic by using Critical Value: Conclusion:
2. Rearden Metal needs to order a new blast furnace that will be delivered in one...
2. Rearden Metal needs to order a new blast furnace that will be delivered in one year. The $1,000,000 price for the blast furnace is due in one year when the new furnace is installed. The blast furnace manufacturer offers Rearden Metal a discount of $60,000 if they pay for the furnace now. If the interest rate is 7%, then the NPV of paying for the furnace now is closest to:
Discuss the difference between a sample distribution and a sampling distribution. Provide 2 real world examples...
Discuss the difference between a sample distribution and a sampling distribution. Provide 2 real world examples of when you may make an inference of a population using a sample.
Discuss the activity that you feel is one of the most important that needs to be...
Discuss the activity that you feel is one of the most important that needs to be done as part of closing a project? What are the risks of skipping this activity? What is one crucial question that you could ask during a post-project evaluation and how could you use what you learn to improve the next project.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT