| Sample Mean (x) | The average of all values in a sample; a statistic used to estimate the population mean μ |
| Sampling Distribution | The distribution of a statistic (here, x) across all possible random samples of a given size from a population |
| Central Limit Theorem | For large enough sample sizes (n ≥ 30), the sampling distribution of x is approximately normal regardless of the population shape |
| 10% Condition | The sample size must be less than 10% of the population size for the standard deviation formula to be valid |
| Unbiased Estimator | A statistic whose sampling distribution is centered at the true parameter — x is an unbiased estimator of μ |
| Sample Proportion (p̂) | Sample Mean (x) | |
|---|---|---|
| Normality Condition | Large Counts: np ≥ 10 and n(1−p) ≥ 10 |
Population normal OR n ≥ |
| SD Formula Condition | n < 10% of N | n < 10% of N |
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