Estimation and Confidence Intervals Flashcards
Why are samples taken?
- impractical/impossible to study whole pop so if select one sample from a pop + calc the mean value, then sample mean will provide some info about overall mean in pop.
- Sample data used to draw conclusions about pops
What is the disadv of sampling?
- Sample data are imprecise – diff samples give diff estimates (known as sampling error)
- data collected from sample will never provide full info about whole pop
How is uncertainty about not having all of the data dealt with?
Statistical methods based on probability theory are used to quantify this uncertainty
What is the sample mean?
estimation of pop parameter e.g. av height in UK
What is the statistical estimation?
estimate pop parameter from sample/observed statistic
Why is estimation never perfect?
sample only selection from pop - diff samples give diff results
What is sampling distribution of the mean?
sample estimates (means) calc from multiple samples from same pop will have dis of differing values
How are sampling distributions of the mean interpreted?
values of sample means close to the overall population mean are more likely (more common) than extreme values.
What are the 2 important relationships of sample size and SD to true mean?
- bigger sample size - estimate closer to true mean (more precise)
- smaller SD (spread of data - “
What is standard error?
The SD of the sample means (i.e. sampling distribution of mean)
How is SE calc?
SD / square root of pop size (n)
How does changing SD or N affect SE
- Smaller SD/larger N dec SE (precision) - more precise estimate
- Larger SD/smaller N inc SE (precision) - less precise estimate
Why are confidence intervals used?
- as can’t deduce exact pop value from sample, can use sample to obtain CI
- ind precision/unprecision of sample values as estimates of pop values
How can the Normal distribution be used?
- can use to calc a range of possible values for the true population mean (confidence intervals for means and other estimates)
What is formula for calc 95% confidence interval for a mean from a large sample?
- mean - 1.96 x SE to mean + 1.96 x SE