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Distributions
Where We’ve Been
Mean µ
Variance 2 s2
Standard Deviation s
Binomial proportion p p̂
n=1 n=2 n = 3 ( = N)
1 1 1, 2 1.5
2 2 1, 3 2 1, 2, 3 2
3 3 2, 3 2.5
x 2 x 2 x 2
3 3 1
To estimate µ
…should we use …
… or … the median ?
To estimate µ
…should we use …
… or … the median ?
Yes!
(Depending on the distribution of the random variable.)
McClave: Statistics, 11th ed. Chapter 6: 9
Sampling Distributions
6.2: Properties of Sampling Distributions:
Unbiasedness and Minimum Variance
µ
p̂ p
s2 2
If two alternative
sample statistics are
both unbiased, the one
with the smaller
standard deviation is
preferred.
Here, A = B, but
A < B, so A is
preferred.
n=1 n=2 n = 3 ( = N)
1 1 1, 2 1.5
2 2 1, 3 2 1, 2, 3 2
3 3 2, 3 2.5
x 2 x 2 x 2
3 3 1
x .82 x .41 x 0
P( x 2300)
What is the probability that a
2300 2200
randomly selected house will P z
have at least 2300 ft2 ? 250
P( z 0.40) .3446
P( x 2300)
What is the probability that a
randomly selected sample of 2300 2200
16 houses will average at P z
250
least 2300 ft2 ?
16
P( z 1.60) .0548