The Theorem Every Data Scientist Should Know (Part 2)  #MachineLearning #DataScience
  • The standard deviation of the population distribution is tied with the standard deviation of the sampling distribution.
  • With the standard deviation of the sampling distribution and the sample size, we are able to calculate the standard deviation of the population distribution.
  • The standard deviation of the sampling distribution is called the standard error.
  • The mean of the sampling distribution will cluster around the population mean.
  • If we collect a large number of different samples mean, the distribution of those samples mean should take the shape of a normal distribution no matter what the population distribution is.

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