eda Flashcards
statistical inference
statistical inference
(a reasonable value) of a population parameter
point
estimate
the observations are considered to be random variables, say, Therefore, any function of the observation, or any statistic,
random variable
Because a statistic is a random variable, it has a probability distribution. Wecall theprobability distribution of a statistic a
sampling distribution.
of some population parameter θ is a single numerical
value of a statistic
point estimate
The statistic � is called the
point estimator.
is any function of the observations in a random sample
statistic
observed data
random sample
is computed by dividing the number of individuals in
the sample who prefer the brand of soft drink by the total sample size �
sample proportion
A way to avoid this is to report the
estimate in terms of a range of plausible values called a
confidence interval.
estimate for μ is an interval of the form l ≤ μ ≤
u, where the end-points l and u are computed from the sample data.
confidence interval