Sampling and Sampling Distribution
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Business
•
University
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Practice Problem
•
Hard
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1.
FLASHCARD QUESTION
Front
Characteristics of interest measurable or observable on each individual comprising the universe.
Back
Variable
2.
FLASHCARD QUESTION
Front
Set of all possible values of the variable.
Back
Population
3.
FLASHCARD QUESTION
Front
The selection of a part of the universe of interest to represent the whole by obtaining estimates of the parameters that can be validly generalized to the universe.
Back
Sampling
4.
FLASHCARD QUESTION
Front
The selected part (a subset of the universe or population).
Back
Sample
5.
FLASHCARD QUESTION
Front
The selected part (a subset of the universe or population).
Back
Parameter
6.
FLASHCARD QUESTION
Front
The descriptive measure of the sample.
Back
Statistic
7.
FLASHCARD QUESTION
Front
A list of elements of the population. It may consist of different data sources such as population lists, students’ lists, credit cardholders’ lists, teachers’ lists, directories, or maps.
Back
Sampling Frame
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