EDA T5 Flashcards
The value(s) assigned to a population
parameter based on the value of a sample
statistic is called an
Estimate
The sample statistic used to estimate a
population parameter is called an
Estimator
The value of a sample statistic that is used to estimate a population parameter is called a
point estimate
an interval is constructed around the point estimate,
and it is stated that this interval is likely to
contain the corresponding population
parameter
interval estimation
each interval is constructed with regard to a given confidence level and is called a
confidence interval
the confidence level is denoted by
(1-a)100%
is the quantity that is subtracted from and added to the value of x to obtain a confidence interval for u
margin of error for the estimate for u
is a specific type of bell-shaped
distribution with a lower height and a wider
spread than the standard normal distribution.
t-distribution
the t-distribution has only one parameter called the
degrees of freedom (df)