Chapter 5 Flashcards

1
Q

Sample Statistics

A

Summarizes sample characteristics

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2
Q

Parameters

A

Summarize population characteristics

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3
Q

Sample Mean

A

Mean of the sample,

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4
Q

Sample Proportion

A

Proportion of sample,

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5
Q

Population Mean

A

Mean of the population,

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6
Q

Population Proportion

A

True proportion, p

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7
Q

Statistic as a RV

A

Statistic is a random variable and will have a distribution assigning probabilities to different samples

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8
Q

Sampling Distribution

A

Probability distribution of sample statistics, tells us how much a statistic would vary from sample to sample

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9
Q

Mean of Sample Proportion

A

Mean p

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10
Q

Standard Deviation of Sample Proportion

A

SD

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11
Q

When is distribution approximately normal?

A

When for a sample size n with true proportion p, both np and n(1-p) are greater than or equal to 15

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12
Q

Normal Distribution of Sample Proportion

A
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13
Q

Standard Error

A

Estimate of standard deviation of sampling distribution

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14
Q

What happens to standard deviation as sample size n increases?

A

Standard deviation decreases

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15
Q

Smaller the standard deviation…

A

…closer the sample proportion is to the population proportion

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16
Q

Empirical Rule

A

Nearly all sample proportions for size n with true proportion p will lie between

17
Q

Probability with Normal Distribution and pHat

18
Q

Sample mean distribution centered around…

A

True population mean mu

19
Q

Sample mean distribution standard deviation

20
Q

Sample Mean Normal Distribution

21
Q

What does increasing sample size n do to sample means?

A

Vary less and less tending toward true population mean

22
Q

Central Limit Theorem

A

As sample size increases, sampling distribution of sample mean tends to a normal distribution, even if population distribution far from bell-shaped

23
Q

Ensuring normal distribution for standard mean

A

n greater than or equal to 30

24
Q

Statistical Inference

A

Making decisions about parameters using statistics

25
Point Estimation
Single estimate for population parameter, usually sample mean
26
Interval Estimation
Form a confidence interval of population parameter within which true parameter value is believed to lie at a certain confidence level
27
Significance Test
Yields decision on whether claim about value of parameter is supported by data observed from a random sample
28
C + E Model
Center + Error ; usually C is the sample mean and E is the margin of error
29
Confidence Level
Level of confidence with which method produces an interval that contains the true parameter value
30
100% Confidence Level
Not relevant, would be all possible values
31
Margin of Error
How accurately the statistic estimates unknown parameter
32
General form of C + E Confidence Interval
33
Robust
A procedure that performs adequately even when a particular assumption is violated
34
Standard Error and T-Score as sample size increases (or, if CI decreases)
The two decrease and the margin of error likewise decreases, so the CI gets shorter
35
How CI changes with fixed sample size if CI increases...
T-Score and margin of error increase so the CI gets wider
36
How to think about CI
1. We are X% confident that the true population mean lies between the lower and upper bounds 2. Of 100 X% intervals calculated the same way, we expect X of them to contain the true population mean 3. In a long series of repeated trials, X% of the intervals will contain the true population mean