Question

In: Statistics and Probability

Please give a careful but brief answer to each of the following questions. (a) What is...

Please give a careful but brief answer to each of the following questions. (a) What is a population? A population is the complete set of measurements from every individual of interest. A population is a subset of the complete set of measurements from every individual of interest. A population is a numerical descriptive measure of the complete set of measurements from every individual of interest. A population is a numerical descriptive measure of a subset of the complete set of measurements from every individual of interest. Incorrect: Your answer is incorrect. . . How do you get a simple random sample? A simple random sample is accomplished by dividing the entire population into pre-existing segments. Make a random selection of segments. Include every member of each selected segment in the sample. A simple random sample is accomplished by numbering all members of the population sequentially. Then, from a starting point selected at random, include every kth member of the population in the sample. A simple random sample is accomplished by dividing the entire population into distinct subgroups based on a specific characteristic such as age, income, education level, and so on. All members of a subgroup share the specific characteristic. Draw random samples from each subgroup. A simple random sample is accomplished by assigning numbers to members of the population and then using a table, calculator, or computer to select random numbers from the numbers assigned to the population members. Create the sample by using population members with numbers corresponding to those randomly selected. A simple random sample is accomplished by using data from population members that are readily available. Incorrect: Your answer is incorrect. . . Give examples. This answer has not been graded yet. . (b) What is a sample statistic? A sample statistic is the complete set of measurements from every individual of interest. A sample statistic is a subset of the complete set of measurements from every individual of interest. A sample statistic is a numerical descriptive measure of the complete set of measurements from every individual of interest. A sample statistic is a numerical descriptive measure of a subset of the complete set of measurements from every individual of interest. What is a sampling distribution? A sampling distribution is a probability distribution of a ---Select--- population population parameter sample sample statistic based on all possible ---Select--- populations simple random samples of ---Select--- the same size different sizes from ---Select--- the same population different populations . Give examples. This answer has not been graded yet. . (c) Give a careful and complete statement of the central limit theorem. Given a probability distribution of x values where n = sample size, μ = the mean of the x distribution, and σ = the standard deviation of the x distribution. Even if the x distribution is not normal, if the sample size n is sufficiently large ( n ? < ≥ 30 in most cases), the central limit theorem tells us that the x distribution is approximately ---Select--- binomial normal poisson geometric , the mean of the x distribution is μx = c , and the standard deviation of the x distribution is σx = c . (d) List at least three areas of everyday life to which the above concepts can be applied. Be specific. This answer has not been graded yet.

Solutions

Expert Solution

(a) (i)A population is the complete set of measurements from every individual of interest .

for example:If our interest is to find the average height of male football players in USA

then population is the height of all male football players in USA

(ii) A simple random sampling  is accomplished by assigning numbers to every member of the population , then using a table , calculator or computer to select random numbers from numbers assigned to population

example :Using a random number table to a draw a sample observation of height of all registered football players of USA.  

(b) A sample statistic is the numerical descriptive measure of a subset of complete set of measurements from every individual of interest .

for example sample mean is a sample statistic , which is calculated from sample observation .

Mean height of a sample of football players .

A sampling distribution is a probability distribution of sample statistic based on on possible simple random sample of same size from same population

example : the sampling distribution of sample mean is based on sample means of all possible samples drawn from the population of interest.

If we draw all possible sample of size n  from the population of football players of USA and then find the mean of all samples, then distribution  of these sample means is known as sampling distribution of sample means.

(c) The central limit theorem tells us that the x distribution is approximately normal , the mean of x distribution is

equal to  population mean and the standard deviation of x distribution is population s.d / square root of n

(d) Household income, exit poll results , test grades, clinical trial results are skewed distributions (not normal)

so if we take all possible samples of size greater than 30 and calculate the sample means for all samples

then distribution of sample mean follow normal with mean = population mean and standard deviation = population sd / sqrt(n)


Related Solutions

Give a brief answer to each of the following four (4) questions: (a) (2 marks) Explain...
Give a brief answer to each of the following four (4) questions: (a) Explain the difference between a Type 1 and a Type II error. (b) If you want to reduce the margin of error of an estimate of a mean, what are the two things can you do? (c) Explain the difference between an independent samples t-test and paired t-test. (d) State and explain the Central Limit Theorem (CLT) for the sample mean when the population distribution is (i)...
Answer the prompt and each subquestions separately, please. 1.     Give a brief but in-depth summary of...
Answer the prompt and each subquestions separately, please. 1.     Give a brief but in-depth summary of “Heidegger on Authenticity,” and explain how it differs from in-authenticity. a.     What are Heidegger’s thoughts on death and what does he say about the differences between speech and chatter? b.     Compare and contrast Heidegger’s notion of in-authenticity to Sartre’s views on emotions, responsibility and excuses. c.     How do these three components: emotions, responsibility and excuses, play in your approach to this class, its materials,...
Please give a brief justification for the correct answer you select: Which of the following is...
Please give a brief justification for the correct answer you select: Which of the following is NOT included in 2004’s GDP? The value of a car produced in the United States and exported to England. The profit earned in 2004 from selling a stock that you purchased in 2001. The value of a computer chip that is used in the production of a personal computer. The commission earned by an employment counsellor when she locates a job for a client....
Please answer these questions and give an explanation as to the answer: Question 1 What ratio...
Please answer these questions and give an explanation as to the answer: Question 1 What ratio measures the underlying risk of a company? Question 2 Gaston Co. reports the following cash activities for the year: Receive cash from customers $100,000 Pay cash to purchase building $90,000 Receive cash from issuance of stock $50,000 Pay cash for employee salaries $40,000 Pay cash for dividend to stockholders $20,000 Receive cash from sale of land $70,000 Pay cash for repayment of borrowing $80,000...
Please answer the following questions on the 2008 financial crisis please answer 1-2 paragraphs each. What...
Please answer the following questions on the 2008 financial crisis please answer 1-2 paragraphs each. What was the financial situation that consumed Wall Street and the Federal government in 2008? Which government officials played critical roles in addressing the financial crisis, and how did they address it? How would you critique the ethical culture of Wall Street and those insiders on Wall Street who triggered the financial crisis?    4. Who is to blame? Are there any good guys here?
Please answer the questions as soon as possible. Thanks in advance. Please explain in brief in...
Please answer the questions as soon as possible. Thanks in advance. Please explain in brief in one to two paragraphs and provide graphs. 1. In two paragraphs, describe the sources of the gains from trade and why countries use import tariffs. 2b In two paragraphs, describe how the COVID-19 pandemic has impacted the global macroeconomy and multiple ways it has impacted a specific agricultural commodity market (e.g. corn, beef, wheat).
Brief Exercise 24-8 Answer each of the questions in the following unrelated situations. (a) The current...
Brief Exercise 24-8 Answer each of the questions in the following unrelated situations. (a) The current ratio of a company is 5:1 and its acid-test ratio is 1:1. If the inventories and prepaid items amount to $529,000, what is the amount of current liabilities? Current Liabilities $ (b) A company had an average inventory last year of $185,000 and its inventory turnover was 5. If sales volume and unit cost remain the same this year as last and inventory turnover...
Answer the following short questions and give a reason to support your answer. Please note that...
Answer the following short questions and give a reason to support your answer. Please note that no marks will be awarded if you do not provide a reason to support your answer. 1. Give two situations in which you would recommend the sample median over the sample mean as a measure of location.(Give statistical comparison) 2. Is the sample mean always larger than the sample median for skewed data?(Give graphic example) 3. Is it true that histograms are a more...
Part 1: Please read the following scenarios. For each scenario, answer the following questions: a) what...
Part 1: Please read the following scenarios. For each scenario, answer the following questions: a) what is the independent variable, b) what is the dependent variable, and c) is this a between-subjects or within-subjects design? A child psychologist wants to determine the effects of cloth versus paper diapers on toilet training. Day-old infants will be used to begin the project. The age at which diapers are no longer needed (to the nearest week) will be determined. A researcher wants to...
For each of the following questions, give the correct answer. However, don't just answer the question....
For each of the following questions, give the correct answer. However, don't just answer the question. For each answer choice, you have to provide at least a paragraph response on why that answer choice is correct or incorrect with relevant and outside information. Celery stalks that are immersed in fresh water for several hours become stiff and hard. Similar stalks left in a salt solution become limp and soft. From this we can deduce that the cells of the celery...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT