Chapter 9 - Sampling Distribution
Chapter 9 - Sampling Distribution
Confidence Intervals
Outline
• Sampling Distributions
• Confidence Interval for the Population Mean µ
• Confidence Interval for Proportion π
Sampling Distributions
Sampling Distributions
Sampling Distributionss
6. If someone is interested in the proportion (π) of
a
certain category of a qualitative variable then a
sample proportion of the category of interest is
calculated as , where is the size of this category in
the sample or in other words the number of
successes and is the sample size.
7. Sample proportion is a random variable with mean
and a standard error =. For a sample of size 30, is
approximately normal and for any probability related
to we use the following Z score .
Example 1
6
MACT 2222: Statistics for Business 8.6
8.7
Example 1: Solution
is
normally distributed.
We want to find where is normally distributed and
standard error =
7
MACT 2222: Statistics for Business 8.7
8.8
Example 2
8
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8.9
Summary