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An Online CNN Poll

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Each elementary unit in the population has an equal chance of being selected for the survey ... Note: just estimating one parameter (variance) Regression case: ... – PowerPoint PPT presentation

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Title: An Online CNN Poll


1
An Online CNN Poll
2
Probabilistic Sampling Methods
  • Simple Random Sampling
  • Each elementary unit in the population has an
    equal chance of being selected for the survey
  • Random Digit Dialing
  • Pick telephone numbers at random
  • Stratified Random Sampling
  • Take a random sample from each strata
  • Cluster Sampling
  • Take a random sample of clusters and survey
    everyone in the cluster

3
Non-Probabilistic Sampling Methods
  • Systematic Sampling
  • Every nth person (whatever) is chosen
  • Convenience Sampling
  • Respondents who are willing and available are
    selected
  • Snowball Sampling
  • Previously-identified respondents identify others
    (ask a friend)
  • Focus Groups and Expert Panels

4
Two Variables, x y
5
Sampling Distribution of x
_
  • 1. Mean (Expected Value)
  • 2. Variance
  • 3. Shape
  • x has a t distribution if the sample size is
    large
  • _

6
Central Limit Theorem
Distribution of x
7
Exercise 1
  • The sign on the elevator says maximum capacity
    2500 pounds or 16 persons. Weights of people who
    use the elevator is normally distributed with
    mean 150 pounds and standard deviation of 20
    pounds. What is the probability that 16 people
    weigh more than 2500 pounds?

8
Sampling Distribution of p
_
  • 1. Mean (Expected Value)
  • 2. Variance
  • 3. Shape
  • p is normally distributed if the sample size is
    large (np?5 and n(1-p) ?5)
  • _

9
Exercise 2
  • In the population of all statistics students, the
    fraction of students that fall asleep is 0.20. In
    a class of 25, whats the probability that more
    than four fall asleep?

10
Sampling Distribution of b (regression coeff.)
  • 1. Mean (Expected Value)
  • 2. Variance
  • Requires homoskedasticity and independent errors
  • 3. Shape
  • b has a t distribution if the sample size is
    large (CLT for errors)

11
Use the t distribution!
  • Always need to estimate and
  • So distribution of x and b have a t distribution
  • Degrees of freedom
  • Sample mean case n-1 d.f.
  • Note just estimating one parameter (variance)
  • Regression case n-k-1 d.f.
  • knumber of coefficients excluding the intercept
  • the -1 captures the intercept
  • _

12
t Critical Values
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