Characteristics of the Sampling Distribution of the Sample ...
Characteristics of the Sampling Distribution of the Sample Mean under Simple Random Sampling:
1) Central Tendency:
E([pic]) = μ
2) Spread:
3) Shape:
Approximately normal if n is large, according to the Central Limit Theorem.
Comments:
1) We call this unbiased—the sample mean is an unbiased estimator of the population mean. On average, it is on target.
2) The formula for the standard error implies that to double the accuracy, i.e. cut in half the sampling error, we need four times the sample size.
3) Because the CLT tells us the shape of the sampling distribution will be about normal, we can use the normal distribution as a tool for working statistical inference problems for the sample mean.
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