Calculating Variance: Sample vs Population

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Homework Help Overview

The discussion revolves around understanding the variance of a sample versus the variance of a population, particularly in the context of calculating the variance of the sample mean. Participants are exploring the differences in formulas and interpretations related to variance calculations.

Discussion Character

  • Conceptual clarification, Mathematical reasoning, Assumption checking

Approaches and Questions Raised

  • Participants are attempting to clarify the expression for variance, specifically questioning the formulas for var(Xbar) and how they relate to sample and population variance. There is also discussion about the implications of using different denominators in variance calculations.

Discussion Status

Some participants have offered insights into the simplification of variance expressions and the conditions under which different formulas apply. There is an ongoing exploration of the relationship between sample variance and population variance, with no explicit consensus reached on all points.

Contextual Notes

Participants are navigating through the nuances of variance calculations, including the distinction between sample variance and the variance of the sampling distribution. There are indications of confusion regarding the application of certain formulas and the assumptions underlying them.

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I don't understand a question on finding an expression for the variance of something...


Attempt at solution: also I worked out c as (3/2) previously, which is correct
Var(U) = (3/2)^2 x Var(Xbar) = 9/4n^2 x a^2/18

I'll attach a photo of this too if it's easier to read, my problem is that I thought var(Xbar) = var(x/n) = 1/n^2 x var(x)

... But they have done var(Xbar) = 1/n x var(x) ...?
 

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Think about this:
<br /> Var\left(\bar X\right) = Var\left(\frac 1 n \sum_{i=1}^n X_i\right) = \frac 1 {N^2} \sum_{i=1}^n Var(X_i)<br />

What happens when you simplify the sum?
 
Ah I see so it's just sigma^2/n, is this the same for all cases as in, calculating the variance of a sample and estimating a population variance?.. In other words, kinda, will it ever (a level standard) be 1/n^2 x var(x)

Probably a stupid question, just checking
 
The only time you would have n^2 in the denominator is if you were (for some reason) considering mathematically a single observation X_1 and calculate
<br /> Var\left( \dfrac{X_1}{n}\right) = \dfrac{Var(X)}{n^2}<br />

"is this the same for all cases as in, calculating the variance of a sample and estimating a population variance?"
I'm not exactly sure what you mean by this, so if my response is off-target that's why.

If you've talked about sampling distributions for the sample mean, the expression \frac{\sigma^2}n is the population variance for that sampling distribution. It will never have denominator n^2, since, as long as the distribution being sampled has a variance, the steps shown above apply.

The (sample) variance of a sample is a different beast. Essentially
* if the population variance is \sigma^2, then the sample variance
<br /> s^2 = \dfrac 1 {n-1} \sum_{i=1}^n \, \left(x_i - \bar x\right)^2<br />
is an unbiased estimator of the population variance

* If you refer to the variance of the sampling distribution of \bar x - which is given above - then to estimate that you have two options
a) If you have a single sample, use the sample variance s^2 to estimate the sampling distribution's variance by calculating
<br /> \dfrac{s^2}{n}<br />

b) If you have a large number of samples, all the same sample size, from the same population, then calculate each sample mean and treat those sample means as a new sample. The sample variance of those (call it s_{\bar x}^2) is the estimate of \dfrac{\sigma^2}{n}

So there are several subtleties to wade through, but in none but the one unusual and unrealistic comment I made at the start will \frac{\sigma^2}{n^2} play a role.
 

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