8Properties of Sample Statistics
8.1 Introduction
Several statistics have been presented in the previous chapters. The main ones are , , and the sample proportion, . Recall that is used to estimate the population mean , is used to estimate the population standard deviation , and is used to estimate the probability of success at the population level . Also, contrary to a parameter, such as , which is fixed, a statistic, such as , is random: we obtain different results whenever a different sample ...
Get Principles of Managerial Statistics and Data Science now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.