Comp Prac - Point Estimates & Parameters Flashcards
Point Estimate (p with a hat) A sample of the population
Parameter (the hat-less p)
The true and entire population
Sample size (n)
Bias = under or over estimate of the true population value
In an experiment, subjects are considered independent if they are not aware of which group (control vs. treatment) they are assigned to.
False
Bias: a systematic tendency to over- or under-estimate the true population value.
True
All else being equal, the success-failure condition is more likely to be satisfied when the sample size is large (rather than small).
True
Observations from a simple random sample can be considered independent.
True
In a poll of 1000 UK residents, 78% described themselves as being in good health; 78% represents a population parameter.
False
The term ‘standard error’ denotes systematic tendency (bias) in estimating the true population value.
False
The standard deviation of a sampling distribution decreases as the sample size increases.
True
Central Limit Theorem: when observations are independent and the sample size is sufficiently small, the sample proportion p^ will be equal to the corresponding parameter of interest.
False
In a poll of 1000 UK residents, 78% described themselves as being in good health; 78% represents a population parameter.
False
A sampling distribution represents the distribution of a point estimate based on samples of fixed size from a certain population.
True
In the 2011 UK census, 81% of residents described themselves as being in good health; 81% represents a point estimate.
False
Observations from a simple random sample can be considered independent.
True
Sampling error: a systematic tendency to over- or under-estimate the true population value.
False
Bias: a systematic tendency to over- or under-estimate the true population value.
True
The standard error of a sampling distribution decreases as the sample size increases.
True
A sampling distribution represents the distribution of a parameter based on samples of different size.
False
The standard error of a sampling distribution increases as the sample size increases.
False
All else being equal, the success-failure condition is more likely to be satisfied when the sample size is large (rather than small).
True
The standard deviation of a sampling distribution decreases as the sample size increases.
True
The term ‘standard error’ denotes the standard deviation of a sampling distribution.
True
Observations from a simple random sample can be considered independent.
True
Bias: how much an estimate will tend to vary from one sample to the next.
False
The standard deviation of a sampling distribution increases as the sample size increases.
False
The term ‘standard error’ denotes the standard deviation of a sampling distribution.
True
In an experiment, subjects are considered independent if they undergo random assignment to the treatment groups.
True
All else being equal, the success-failure condition is more likely to be satisfied when the sample size is large (rather than small).
True
The term ‘standard error’ denotes the standard deviation of a sampling distribution.
True
Central Limit Theorem: when observations are independent and the sample size is sufficiently large, the sample proportion p^ will tend to follow a normal distribution.
True
Observations from a simple random sample cannot be independent.
False
In the 2011 UK census, 81% of residents described themselves as being in good health; 81% represents a point estimate.
False
An observation equal to the mean is always at the 50th percentile.
True
The absolute value of an observation’s Z-score quantifies how unusual the observation is.
True
The probability of a random observation falling within 2 standard deviations of the mean is roughly 95%.
True
The probability of a random observation falling within 1 standard deviations of the mean is roughly 68%
True
Sampling error: how much an estimate will tend to vary from one sample to the next.
True
Bias: how much an estimate will tend to vary from one sample to the next.
False
In the 2011 UK census, 81% of residents described themselves as being in good health; 81% represents a point estimate.
False
In a poll of 1000 UK residents, 78% described themselves as being in good health; 78% represents a point estimate.
True
The standard error of a sampling distribution increases as the sample size increases.
False