Basic Statistics for Business and Economics ch 8
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| show | It would be time consuming. The cost of studying all the items in a population may be prohibitive. The physical impossibility of checking all the items in the population. The destructive nature of some tests. The sample results are adequate.
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| What are the sampling methods? | show 🗑
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| Simple Random Sample | show 🗑
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| Table of Random Numbers | show 🗑
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| Systematic Random Sample | show 🗑
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| Stratified Random Sample | show 🗑
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| show | A population is divided into clusters using naturally occurring geographic of other boundaries. Then, clusters are randomly selected and a sample is collected by randomly selecting from each cluster.
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| show | The difference between a sample statistic and its corresponding population parameter.
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| show | A probability distribution of all possible means of a given sample size.
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| Central Limit Theorem | show 🗑
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