Chapter 8: Interval Estimation Flashcards

1
Q

Confidence Interval

A

a range of values constructed around a sample statistic that estimates the parameter

AKA: Interval Estimate

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2
Q

Confidence Limit

A

Lower and upper bounds of a confidence interval

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3
Q

3 -Parts of a Confidence Interval

A
  1. Confidence Level (%)
  2. Point Estimate
  3. Margin of Error
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4
Q

Margin of Error

A

The largest possible distance between the statistic and the parameter

(critical value)(standard error)

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5
Q

Confidence Level

A

the percentage of intervals that will contain the parameter given a statistic

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6
Q

Confidence Coefficient

A

The confidence level as a proportion

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7
Q

A
  • the level of error you are willing to accept
  • the area in the tails

AKA: Significance level

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8
Q

As ⍺ gets smaller →

A

it becomes more “strict” or “stringent” and the “specificity” of the interval decreases

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9
Q

Critical Value

A

z-scores that correlate to the confidence limits

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10
Q

Critical Probability

A

Area below a z-score

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11
Q

Critical Value for a 99% CI

A

⍺ = 0.01

CV = +/- 2.576

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12
Q

Estimating Sample Size Without σ

A
  • s
  • range / 4
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13
Q

T-Distribution v. Z-Distribution (3)

A
  • variance of the t-distribution > 1
  • t-distribution is a family of curves
  • as the sample size increases, the t-distribution approaches the z-distribution
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14
Q

Sample Size and Critical Values (t-table)

A

as the sample size increases → the critical value decreases → margin of error decreases → CI becomes smaller

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15
Q

Degrees of Freedom

A

n-1

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16
Q

p*

A
  • sample proportion from previous studies
  • sample proportion from a pilot study
  • planning value = 0.5