Chapter 19 Flashcards

1
Q

Standard error

A

When we estimate the standard deviation of a sampling distribution using statistics found from the data.

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2
Q

Confidence interval

A

A level C confidence interval for a model parameter is an interval of values usually of the form found from the data in such a way that C% of all random samples will yield intervals that capture the true parameter value.

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3
Q

One-proportion z-interval

A

A confidence interval for the true value of a proportion. The confidence interval is where z* is a critical value from the Standard Normal model corresponding to the specified confidence level.

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4
Q

Margin of error

A

In a confidence interval, the extent of the interval on either side of the observed statistic value. Typically the product of a critical value from the sampling distribution and a standard error from the data.

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5
Q

Critical value

A

The number of standard errors to move away from the mean of the sampling distribution to correspond to the specified level of confidence.

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