Questions

Can sample variance be equal to population variance?

Can sample variance be equal to population variance?

What does it mean? Using the formula with N-1 gives us a sample variance, which on average, is equal to the unknown population variance. So, also with few samples, we can get a reasonable estimate of the actual but unknown parameters of the population distribution.

What is the relationship between population variance and sample variance?

Summary: Population variance refers to the value of variance that is calculated from population data, and sample variance is the variance calculated from sample data. Due to this value of denominator in the formula for variance in case of sample data is ‘n-1’, and it is ‘n’ for population data.

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Are the population variance and sample variance the same value for the same set of data?

The population variance and sample variance are the same value for the same set of data. False; the population variance and sample variance have different denominators in their formulas, so these values are almost always different. You just studied 10 terms!

Is sample variance always greater than population variance?

Given a sample from a normal (or asymptotic normal) distribution, the sample variance is more often less than the population variance due to the skewed nature of the distribution of the unbiased sample estimate. has a distribution with expected value .

What is the relationship between sample and population?

A population is the entire group that you want to draw conclusions about. A sample is the specific group that you will collect data from. The size of the sample is always less than the total size of the population.

Which statement best describes the difference between the formula for population and sample variance?

Which statement best describes the difference between the formula for Population and Sample variance? For the sample variance, dividing by n-1 corrects a tendency to underestimate population variance. Which measure of dispersion results in units that are different from the data?

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Is sample variance always larger than standard deviation?

No. Not bigger and not smaller either. Because they are in different units.

Why is it important to analyze the relationship between a sample and full population?

Having a sample that represents the population is important because otherwise the results will not generalize well beyond the sample.

What is the difference between a population mean and a sample mean?

The sample mean is mainly used to estimate the population mean when population mean is not known as they have the same expected value. Sample Mean implies the mean of the sample derived from the whole population randomly. Population Mean is nothing but the average of the entire group.