Sancheeta Kaushal

Musings of my world

Strong convictions precede great actions.


Notes for Intro to Inferential Statistics!

Lesson 1:

  • Sample mean = Population Mean
  • Sample Standard Deviation = Population Standard Deviation/sqrt(number of samples) = Standard Error
  • z score indicates how many standard deviation is an element from the mean
  • Distribution of sample means is sampling distribution
  • Point Estimate
  • Mean of Treated Population vs Sample Mean
  • In a normal distribution, 68% of sample falls in one Sample SD and 95% SD fall in two Sample SD
  • 2 * Sample SD is margin of error
  • 95% Confidence Interval is mean +/- margin of error
  • 95% of sample means are within 1.96 Standard Errors from the population mean in a sampling distribution