Question Description
Respond to the following in a minimum of 175 words each
1. Use of sample data for inferential analysis. Review the following key concepts and provide your insights, questions and examples for the following:
.. Sampling Error.
. Sampling Distribution of Sample Means
. Central Limit Theorem.
. Standard Error of the Mean. The standard error of the estimate of the mean is represented by the equation: σ√n Discuss what this equation means, using your own words and explain why we use it. Consider how it relates to the fact that we are making assumptions about the population and not just the sample.
2. Give an example of sampling error in a min of 175 words:
3.Give an example of central limit theorem in a min 175 words
"96% of our customers have reported a 90% and above score. You might want to place an order with us."
