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Write short note on sampling distribution and standard error - Business Mathematics and Statistics

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प्रश्न

Write short note on sampling distribution and standard error

योग
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उत्तर

Sampling distribution:

Sampling distribution of a statistic is the frequency distribution which is formed with various values of a statistic computed from different samples of the same size drawn from the same population.

For instance if we draw a sample a size n from a given finite population of N, then the total number of possible samples is

Ncn = `("N"!)/("n"!("N" - "n")!)` = k(say)

Standard Error:

The standard deviation of the sampling distribution of a statistic is known as its standard error abbreviated as S.E.

The standard error (S.E) of some of the well-known statistics, for large samples, are given below, where n is the samples size, σ² is the population variance.

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Concepts of Sampling
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 8: Sampling techniques and Statistical Inference - Miscellaneous problems [पृष्ठ १९६]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 12 TN Board
अध्याय 8 Sampling techniques and Statistical Inference
Miscellaneous problems | Q 2 | पृष्ठ १९६

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Use the data in the Table below that relate to monthly household expenditure (in Rs) on the food of 50 households and

1904 1559 3473 1735 2760
2041 1612 1753 1855 4439
5090 1085 1823 2346 1523
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Find the number of households whose monthly expenditure on food is

(a) less than Rs 2000
(b) more than Rs 3000
(c) between Rs 1500 and Rs 2500

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