Exam 7: Sampling and Sampling Distributions
Exam 1: Introduction to Data Analysis and Decision Making30 Questions
Exam 2: Describing the Distribution of a Single Variable66 Questions
Exam 3: Finding Relationships Among Variables46 Questions
Exam 4: Probability and Probability Distributions56 Questions
Exam 5: Normal, Binomial, Poisson, and Exponential Distributions56 Questions
Exam 6: Decision Making Under Uncertainty54 Questions
Exam 7: Sampling and Sampling Distributions77 Questions
Exam 8: Confidence Interval Estimation53 Questions
Exam 9: Hypothesis Testing63 Questions
Exam 10: Regression Analysis: Estimating Relationships79 Questions
Exam 11: Regression Analysis: Statistical Inference69 Questions
Exam 12: Time Series Analysis and Forecasting75 Questions
Exam 13: Introduction to Optimization Modeling70 Questions
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Exam 15: Introduction to Simulation Modeling64 Questions
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Exam 17: Data Mining18 Questions
Exam 18: Importing Data Into Excel18 Questions
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The sampling method in which a population is divided into blocks and then selected by choosing a random mechanism is called a
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(Multiple Choice)
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Correct Answer:
B
The standard error of an estimate is the standard deviation of the sampling distribution of the estimate.It measures how much estimates from different samples vary.
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Correct Answer:
True
The reason the Central Limit Theorem (CLT)is such an important result in statistics is because:
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Correct Answer:
D
An estimator is said to be unbiased if the mean of its sampling distribution equals the value of the population parameter being estimated.
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An unbiased estimate is a point estimate such that the mean of its sampling distribution is equal to the true value of the population parameter being estimated.
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The theorem that states that the sampling distribution of the sample mean
Is approximately normal when the sample size n is reasonably large is known as the:
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Simple random sampling can result in under-representation or over-representation of certain segments of the population.This is one of several reasons that simple random samples are almost never used in real applications.
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Which of the following are reasons for why simple random sampling is used infrequently in real applications?
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The approximate standard error of the sample mean is calculated as:
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A point estimate is a single numeric value,a "best guess" of a population parameter,calculated from the sample data.
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A sample in which the sampling units are chosen from the population by means of a random mechanism is a
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When a portion of the sample does not respond to the survey,results.
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The randomized response technique is a way of getting at sensitive information to avoid estimation errors due to nontruthful responses.
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It is customary to approximate the standard error of the sample mean
by substituting the sample standard deviation s for
in the formula: SE(
)=
.
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The size of a sample can be selected by first determining the desired standard error and then using the formula
to calculate n.
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