@@ -342,7 +342,7 @@ population_parameters
342
342
```
343
343
The price per night of all Airbnb rentals in Vancouver, BC
344
344
is \$ ` r round(population_parameters$pop_mean,2) ` , on average. This value is our
345
- ** population parameter** since we are calculating it using the population data. \index{population!parameter}
345
+ population parameter since we are calculating it using the population data. \index{population!parameter}
346
346
347
347
Now suppose we did not have access to the population data (which is usually the
348
348
case!), yet we wanted to estimate the mean price per night. We could answer
@@ -375,7 +375,7 @@ estimates
375
375
376
376
The average value of the sample of size 40
377
377
is \$ ` r round(estimates$sample_mean, 2) ` . This
378
- number is a ** point estimate** for the mean of the full population.
378
+ number is a point estimate for the mean of the full population.
379
379
Recall that the population mean was
380
380
\$ ` r round(population_parameters$pop_mean,2) ` . So our estimate was fairly close to
381
381
the population parameter: the mean was about
@@ -389,7 +389,7 @@ took another random sample from the population, our estimate's value might
389
389
change. So then, did we just get lucky with our point estimate above? How much
390
390
does our estimate vary across different samples of size 40 in this example?
391
391
Again, since we have access to the population, we can take many samples and
392
- plot the ** sampling distribution** of \index{sampling distribution} sample means for samples of size 40 to
392
+ plot the sampling distribution of \index{sampling distribution} sample means for samples of size 40 to
393
393
get a sense for this variation. In this case, we'll use 20,000 samples of size
394
394
40 .
395
395
0 commit comments