EIP - Choice of Test and Confidence Intervals - Week 8 Flashcards
Describe what a 95% confidence interval means.
If the test was repeated 100 times, 95 of them would contain the true population value.
What is the usual estimator of a population mean?
Sample mean
Will different samples drawn from the same population produce the same or different values of the sample mean?
Different values
What does the standard error of the mean represent?
It is the standard deviation of sample means over all possible samples
How can the standard error of the mean be estimated?
It is standard deviation divided by the root of the sample size
Define statistical significance.
How likely it is that the null hypothesis is true
By itself, can the p-value tell us how important a given result is?
No
What do confidence intervals indicate of an estimate?
The reliability of an estimate