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
How to Invest for Beginners (2022)
All right, here we go! Welcome, guys! In this video, I’m going to be doing a full beginner’s guide to investing in the stock market. So buckle up! If you’re a beginner, you want to invest but you’ve never bought a stock before, then this video is definite…
Returning to Her Roots | Jane: The Hope
[music playing] JANE GOODALL: When I first went to Gombe, it was the most amazing time of my life. DR. ANTHONY COLLINS: One of the things which is important for her is to get away and retouch her roots. JANE GOODALL: Have to go this side. DR. ANTHONY …
Tracking the Gray Wolf in Yellowstone | Explorer
The wolf is the world’s largest dog—a top predator and an iconic animal that roamed freely across North America for tens of thousands of years. But in the early 20th century, a ruthless war was waged against these cunning carnivores in an effort to stop t…
How Engines Work - (See Through Engine in Slow Motion) - Smarter Every Day 166
Hey, it’s me Destin. Welcome back to Smarter Every Day. You’ve probably cranked a car engine thousands of times in your life, right? You’re familiar with that roar as the engine comes to life? Have you ever thought about what’s going on inside the engine?…
Worked example: Lewis diagram of xenon difluoride (XeF₂) | AP Chemistry | Khan Academy
Let’s do one more example of constructing a Lewis diagram that might be a little bit interesting. So let’s say we want to construct the Lewis structure or Lewis diagram for xenon difluoride. So pause this video and have a go at that. All right, now let’s…
She's a Big Mountain Skier on a Mission to Keep Others Safe | National Geographic
The mountains are where I for sure feel the most like myself. They don’t care who you are or what you do, and I think that they kind of have taught me so much about awareness, really, and consciousness. Being a big mountain skier is a dangerous sport, and…