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Business Statistics, Second Edition
book

Business Statistics, Second Edition

by J. K. Sharma
November 2006
Intermediate to advanced content levelIntermediate to advanced
744 pages
29h 18m
English
Pearson India
Content preview from Business Statistics, Second Edition

Chapter 8

Sampling and Sampling Distributions

LEARNING OBJECTIVES

After studying this chapter, you should be able to

  • distinguish between population parameter and sample statistics

  • apply the Central Limit Theorem

  • know various procedures of sampling that provide an attractive means of learning about a population or process.

  • develop the concept of a sampling distribution that helps you understand the methods and underlaying thinking of statistical inference.

By a small sample we may judge of the whole piece.

 

—Cervantes

Nine times out of ten, in the arts as in life, there is actually no truth to be discovered; there is only error to be exposed.

 

—H. L. Mencken

8.1 INTRODUCTION

So far we introduced certain statistical methods (Chapters ...

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Publisher Resources

ISBN: 9789332503434