chapter 3 : estimating a parameter Flashcards

1
Q

point estimate

A

single guess for the population value. It truly respect population just when the sample is an unbiased estimator of population value

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2
Q

interval estimate

A

range of all plausible population value

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3
Q

confidence level

A

probability that a sample falls within interval

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4
Q

precision

A

width of confidence level, the arrow shows it –> the shorter means the more precise

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5
Q

standard error

A

standard deviation of the sampling distribution. The bigger the sample, the smaller the standard error –> bigger standard error means that the scores are more far away from the mean

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6
Q

critical value

A

value of a theoretical probability distribution that separetes top or bottom values, usually top or bottom 25%. usually also 1.96 when standardized values

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7
Q

confidence interval

A

all plausible population values given the sample that we drawn. The bigger the sample, the smaller interval estimates

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