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A parameter is defined as a statistical measure pertaining to population and is based upon all units of population. Like, for example, population mean, population standard deviation (cr.), and so on.
Statistic is the measure of some characteristic of a sample in the form of the sample units. For example, sample mean (.X), moments mᵣ, sample variance, etc. Thus, the value of statistics differs from one sample to another and this is called sample fluctuation.
However, there are no fluctuations or difference in parameter and is constant.
Sampling distribution on the other hand, is known as the probability distribution of statistical data.
In statistic, the standard deviation in the sampling is known as standard error.
Example:
For a population of jive units, the values of characteristic A are:
8, 2, 6, 4, and 10
Prove that the mean of the sample means is equal to the population mean by considering possible samples of size 2 from the above series.
Solution:
The mean of the population= µ =30/5= 6
Random without replacement samplesof size 2
|
Sl no. |
Sample values |
Sample mean |
| 1.
2.
3.
4.
5. |
8, 2
8, 6
8, 4
8, 10
2, 6 |
5
7
6
9
4 |
|
Total |
31 |
|
Sl no. |
Sample values |
Sample mean |
| 6.
7.
8.
9.
10. |
2, 4
2, 10
6, 4
6, 10
4, 10 |
3
6
5
8
7 |
|
Total |
29 |
Mean of sample means= (31+29)/10= 60/10= 6
Therefore, mean of sample means is equal to population mean.
Links of Previous Main Topic:-
- Introduction to statistics
- Knowledge of central tendency or location
- Definition of dispersion
- Moments
- Bivariate distribution
- Theorem of total probability addition theorem
- Random variable
- Binomial distribution
- What is sampling
Links of Next Statistics Topics:-
- Estimation
- Statistical hypothesis and related terms
- Analysis of variance introduction
- Definition of stochastic process
- Introduction operations research
- Introduction and mathematical formulation in transportation problems
- Introduction and mathematical formulation
- Queuing theory introduction
- Inventory control introduction
- Simulation introduction
- Time calculations in network
- Introduction of game theory
