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Dragon Hellfire
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DIR Return to: Probability and Statistics
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#Post#: 77--------------------------------------------------
Statistics Glossary
DIR By: Dragon Hellfire
Date: March 26, 2019, 1:44 am
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Bootstrapping: Taking repeated Simple Random Samples With
Replacement from the sample.
Census: A sample that consists of each element of the population
once.
Central Limit Theorem: Estimators follow an approximately normal
distribution
Confidence Interval: Were the procedure repeated on multiple
samples, the calculated confidence interval will contain the
true parameter (1-alpha)% of the time.
Finite Population Correction: Typically (N-n)/N; A measure of
precision corresponding to taking a high proportion of samples.
Estimator: A method of calculating a statistic.
Parameter: A quantity that characterizes a population.
Post-Stratified Sample: A Sampling Design such that sampling
units are stratified after being collected via Simple Random
Sampling.
Sampling Design: A function P(S) that gives the probability of
drawing a sample.
Sampling Distribution: The distribution of values a sample
statistic can take.
Sampling Unit: An element that can be parsed by the sampling
design.
Simple Random Sample: A Sampling Design such that each sample
has an equal probability of being selected/drawn.
- With Replacement: Each sampling unit can be drawn more than
once.
- Without Replacement: Each sampling unit can only be drawn
once.
Standard Error: The square root of the variance of a statistic.
The Standard Deviation of the Sampling Distribution.
Stratified Random Sample: A Sampling Design where the sampling
units are divided into strata and each stratum is independently
sampled using Simple Random Sampling.
Systematic Sample: A Sampling Design such that a random starting
location determines the entire sample.
Unbiased Estimator: An estimator such that the Expected Value of
the estimator is its corresponding parameter.
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