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Analysing Economic DataSampling and Sampling Distributions

Analysing Economic Data: Sampling and Sampling Distributions [ The issue of sampling from an underlying population is considered more formally, with the distinction being drawn between deductive and inductive statistical reasoning. To allow the ideas of statistical inference to be analysed, the concept of a simple random sample is introduced, along with the related ideas of accuracy and precision. The sampling distribution of the mean from a normal population is developed and the result extended, through the central limit theorem, to non-normal populations. The sampling distribution of the variance is then considered. ] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Analysing Economic DataSampling and Sampling Distributions

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Publisher
Palgrave Macmillan UK
Copyright
© Palgrave Macmillan, a division of Macmillan Publishers Limited 2014
ISBN
978-1-349-48656-4
Pages
138 –147
DOI
10.1057/9781137401908_10
Publisher site
See Chapter on Publisher Site

Abstract

[ The issue of sampling from an underlying population is considered more formally, with the distinction being drawn between deductive and inductive statistical reasoning. To allow the ideas of statistical inference to be analysed, the concept of a simple random sample is introduced, along with the related ideas of accuracy and precision. The sampling distribution of the mean from a normal population is developed and the result extended, through the central limit theorem, to non-normal populations. The sampling distribution of the variance is then considered. ]

Published: Oct 26, 2015

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