Distribution Instructor : Asst.Prof. Akekarin Yolrabil 01 Probability Sampling Probability A probability sample is a sample selected
Sampling in such a way that each item or person in
the population being studied has a known likelihood of being included in the sample. Sampling The sampling distribution of the sample means is a probability distribution Distribution: consisting of all possible sample means of a given sample size selected from a Sample Means population, and the probability of occurrence associated with each sample mean. Developing Sampling Distribution
- Suppose There’s a Population ...
- Population Size, N = 4 - Random Variable, X, - Is # Errors in Work - Values of X: 1, 2, 3, 4 Population Characteristics Summary Measures Population Distribution All possible samples of size N = 2 Sampling Distribution of All Sample Means Summary Measures of All Possible Sample Means Comparison of Population & Sampling Distribution Standard Error of the Sample Mean Standard deviation of the sampling distribution of the sample means
x symbol for the standard error of the
sample mean x = n the standard deviation of the population
n is the size of the sample
Sampling from Normal Populations Sampling from Non Normal Populations Example: Effect of Sample Size Central Limit Theorem Example The mean age at which men in Thailand marry for the first time is 28 years with a standard deviation of 7. The shape of the population is unknown. For a random sample of 36 men, what is the probability that the mean age at which they were married for the first time is less than 27 years? Example The average score of all pro golfers for a particular course has a mean of 70 and a standard deviation of 3.0. Suppose 49 golfers played the course today. Find the probability that the average score of the 49 golfers exceeded 72. Proportions • Categorical Variable (e.g., Gender) • % Population Having a Characteristic • If Two Outcomes, Binomial Distribution • Possess - Don’t Possess Characteristic • Sample Proportion (p) Sampling Distribution of Proportion
1. Approximated by Normal Distribution
2. Mean µp = 𝜋 3. Standard Error Thinking Challenge You’re manager of a bank. 45% of depositors have multiple accounts. You select a random sample of 250 customers. What is the probability that the sample proportion of depositors with multiple accounts would be between 44% and 47% ? Example Records of an automobile insurance company show that 12% of its policyholders were involved in an accident during the past year. A random sample of 200 policyholders is to be selected. The probability that the sample proportion of policy holders involved in an accident is less than 10% is ________. Thanks