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Watkins, Ann E.; Bargagliotti, Anna; Franklin, Christine – Journal of Statistics Education, 2014
Although the use of simulation to teach the sampling distribution of the mean is meant to provide students with sound conceptual understanding, it may lead them astray. We discuss a misunderstanding that can be introduced or reinforced when students who intuitively understand that "bigger samples are better" conduct a simulation to…
Descriptors: Simulation, Sampling, Sample Size, Misconceptions
Jance, Marsha; Thomopoulos, Nick – American Journal of Business Education, 2009
The extreme interval values and statistics (expected value, median, mode, standard deviation, and coefficient of variation) for the smallest (min) and largest (max) values of exponentially distributed variables with parameter ? = 1 are examined for different observation (sample) sizes. An extreme interval value g[subscript a] is defined as a…
Descriptors: Intervals, Statistics, Predictor Variables, Sample Size

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