probability sample
Finance
Statistics
Examples of probability sample in the following topics:
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How Well Do Probability Methods Work?
- Failure to use probability sampling may result in bias or systematic errors in the way the sample represents the population.
- However, even probability sampling methods that use chance to select a sample are prone to some problems.
- Recall some of the methods used in probability sampling: simple random samples, stratified samples, cluster samples, and systematic samples.
- In these methods, each member of the population has a chance of being chosen for the sample, and that chance is a known probability.
- Random sampling eliminates some of the bias that presents itself in sampling, but when a sample is chosen by human beings, there are always going to be some unavoidable problems.
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Using Chance in Survey Work
- A probability sampling is one in which every unit in the population has a chance (greater than zero) of being selected in the sample, and this probability can be accurately determined.
- In the above example, not everybody has the same probability of selection; what makes it a probability sample is the fact that each person's probability is known.
- Probability sampling includes: Simple Random Sampling, Systematic Sampling, Stratified Sampling, Probability Proportional to Size Sampling, and Cluster or Multistage Sampling.
- These various ways of probability sampling have two things in common: every element has a known nonzero probability of being sampled, and random selection is involved at some point.
- Non-probability sampling methods include accidental sampling, quota sampling, and purposive sampling.
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Samples
- This process of collecting information from a sample is referred to as sampling.
- The best way to avoid a biased or unrepresentative sample is to select a random sample, also known as a probability sample.
- Several types of random samples are simple random samples, systematic samples, stratified random samples, and cluster random samples.
- A sample that is not random is called a non-random sample, or a non-probability sampling.
- Some examples of nonrandom samples are convenience samples, judgment samples, and quota samples.
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Sampling Techniques
- In a simple random sample (SRS) of a given size, all such subsets of the frame are given an equal probability.
- Each element has an equal probability of selection.
- As long as the starting point is randomized, systematic sampling is a type of probability sampling.
- As described above, systematic sampling is an EPS method, because all elements have the same probability of selection.
- Accidental sampling (or grab, convenience, or opportunity sampling) is a type of non-probability sampling which involves the sample being drawn from that part of the population which is close to hand.
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Random Sampling
- A random sample, also called a probability sample, is taken when each individual has an equal probability of being chosen for the sample.
- Also commonly referred to as a probability sample, a simple random sample of size n consists of n individuals from the population chosen in such a way that every set of n individuals has an equal chance of being in the selected sample.
- At this stage, a simple random sample would be chosen from each stratum and combined to form the full sample.
- Each sample would be combined to form the full sample.
- Categorize a random sample as a simple random sample, a stratified random sample, a cluster sample, or a systematic sample
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Defining the Sample and Collecting Data
- The stages of the sampling process are defining the population of interest, specifying the sampling frame, determining the sampling method and sample size, and sampling and data collecting.
- A probability sampling is one in which every unit in the population has a chance (greater than zero) of being selected in the sample, and this probability can be accurately determined.
- Nonprobability sampling is any sampling method where some elements of the population have no chance of selection or where the probability of selection can't be accurately determined.
- Examples of types of samples include simple random samples, stratified samples, cluster samples, and convenience samples.
- Sampling errors and biases, such as selection bias and random sampling error, are induced by the sample design.
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t-Test for Two Samples: Independent and Overlapping
- Two-sample t-tests for a difference in mean involve independent samples, paired samples, and overlapping samples.
- The two sample t-test is used to compare the means of two independent samples.
- The two-sample t-test is probably the most widely used (and misused) statistical test.
- If, for any reason, one is forced to use haphazard rather than probability sampling, then every effort must be made to minimize selection bias.
- Two-sample t-tests for a difference in mean involve independent samples, paired samples and overlapping samples.
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Misconceptions
- State why the probability value is not the probability the null hypothesis is false
- Misconception: The probability value is the probability that the null hypothesis is false.
- Proper interpretation: The probability value is the probability of a result as extreme or more extreme given that the null hypothesis is true.
- Proper interpretation: A low probability value indicates that the sample outcome (or one more extreme) would be very unlikely if the null hypothesis were true.
- A low probability value can occur with small effect sizes, particularly if the sample size is large.
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Marginal and joint probabilities
- These totals represent marginal probabilities for the sample, which are the probabilities based on a single variable without conditioning on any other variables.
- For instance, a probability based solely on the student variable is a marginal probability:
- If a probability is based on a single variable, it is a marginal probability.
- We use table proportions to summarize joint probabilities for the drug use sample.
- We can compute marginal probabilities using joint probabilities in simple cases.
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What Is a Sampling Distribution?
- The sampling distribution of a statistic is the distribution of the statistic for all possible samples from the same population of a given size.
- Similarly, if you took a second sample of 10 women from the same population, you would not expect the mean of this second sample to equal the mean of the first sample.
- Sampling distributions allow analytical considerations to be based on the sampling distribution of a statistic rather than on the joint probability distribution of all the individual sample values.
- The sampling distribution depends on: the underlying distribution of the population, the statistic being considered, the sampling procedure employed, and the sample size used.
- An alternative to the sample mean is the sample median.