yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Worked example identifying sample study


2m read
·Nov 11, 2024

Let's look, let's take a look at some statistical studies and see if we can figure out what type they are. So this first one, Roy's toys received a shipment of 100,000 rubber duckies from the factory. The factory couldn't promise that all rubber duckies are in perfect form, but they promised that the percentage of defective toys won't exceed 5%. Let me underline that: they promise that the percentage of defective toys won't exceed 5%.

Roy wanted to get an estimation of the percentage of defective toys, and since he couldn't go over the hire 100,000 duckies, he took a random sample of 10 duckies. He found that 10% of them were defective. So what's going on here? Roy gets a shipment; there's 100,000 ducks in the shipment. He wants to figure out what percentage of them are defective. He can't look at all 100,000 ducks; it's not practical. So he samples 10 of them: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, and he finds that one out of those 10 are defective—10% of the 10.

So first of all, this is clearly a sample study. This is a sample study. How do we know that? Well, he is taking a sample from a broader population in order to estimate a parameter. The parameter is the percentage of those 100,000 duckies that are actually defective.

Now the next question is: what kind of conclusion can you make? You know, Roy, since he got the shipment and he took a sample, and he found that 10% of the sample was defective, he might, you know, be all up in arms and say, "Oh, this toy shipment from the factory, you know, they violated this promise that the percentage of defective toys won't exceed 5% because I sampled 10 toys and 10% of those 10 toys were defective."

Well, that isn't a reasonable conclusion, because this is a small sample. This is a small sample. Think about it. If he could have sampled five duckies and if he just happened to get one of the defective ones, he would have said, "Oh, maybe 20% are defective."

What he's really got to do is sample, take a larger sample. And once again, whenever you're sampling, there's always a probability that your estimate is going to be not close or definitely not the same as the parameter for the population. But the larger your sample, the higher the probability that your estimate is close to the actual parameter for the population.

And ten, in this is just too low. In future videos, we'll talk about how you can estimate the probability or how you can figure out whether your sample seems sufficient. But for this one, for what Roy did, I don't think 10 duckies is enough. If he sampled maybe 100 duckies or more than that and he found that 10% of them were defective, well, that seems less likely to happen just purely due to chance.

Let's do a few more of these, and actually, I'll do those in the next videos.

More Articles

View All
ROBOFORMING: The Future of Metalworking? (I Had NO IDEA This Was Possible) - Smarter Every Day 290
My brain’s on fire. Hey, it’s me, Destin. Welcome back to Smarter Every Day. We are right in the middle of a manufacturing deep dive series. And you may recall in a previous video, we went to a progressive metal stamping factory, and this place was incred…
Mr. Freeman, part 61 CENSORED
There was a man who was constantly suffering. He was too hot, then too cold. He had too much, then too little. He wanted to scream from joy, then wanted to hide in the corner from angst. The stress was making his heart grow callous, his body deteriorate, …
Finding perimeter when a side length is missing | Math | 3rd grade | Khan Academy
What is the perimeter of the figure below? So down here we have this figure and we are asked to find the perimeter of this figure. Perimeter is the distance all the way around the outside of a shape. So in this case, if I were to walk around the outside…
Fundraising Panel at Female Founders Conference 2015
Wow, this is awesome! There are so many women in the audience, and I am so happy to be here with you. So, um, I’m Danielle, as Cat introduced, and I want to talk to you a little bit about fundraising. We’re going to have a panel in just a minute and have …
Taoist Wisdom For Inner Peace
Taoism is an ancient Chinese mystical, philosophical, and religious tradition that emphasizes living in agreement with the Tao. The main work in Taoism is the Tao Te Ching, created by a mysterious author called Lao Tzu, which contains profound wisdom and …
Got Bees? Meet a Swarm Chaser Up for the Challenge | Short Film Showcase
[Music] [Music] [Music] Hello! Oh gosh, do you have some bees? Okay, so are the bees outside? Are they hanging on a tree, or like, where are the bees at? You know, as a child, I spent a lot of time crafting and making miniatures. I think that that ties i…