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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Write short note on sampling distribution and standard error - Business Mathematics and Statistics

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Question

Write short note on sampling distribution and standard error

Sum

Solution

Sampling distribution:

Sampling distribution of a statistic is the frequency distribution which is formed with various values of a statistic computed from different samples of the same size drawn from the same population.

For instance if we draw a sample a size n from a given finite population of N, then the total number of possible samples is

Ncn = `("N"!)/("n"!("N" - "n")!)` = k(say)

Standard Error:

The standard deviation of the sampling distribution of a statistic is known as its standard error abbreviated as S.E.

The standard error (S.E) of some of the well-known statistics, for large samples, are given below, where n is the samples size, σ² is the population variance.

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Concepts of Sampling
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Chapter 8: Sampling techniques and Statistical Inference - Miscellaneous problems [Page 196]

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Samacheer Kalvi Business Mathematics and Statistics [English] Class 12 TN Board
Chapter 8 Sampling techniques and Statistical Inference
Miscellaneous problems | Q 2 | Page 196
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