Exam 2 Review Flashcards
- If a certain number of examinations are selected at random and their mean is calculated, what is the expected average score?
Avg is = to given mean
- How to find standard deviation of the average score?
- How to know if the distribution of scores/data is approximately or exactly normal?
Approximately: Around the mean
Exactly: Equal to the mean
What are parameters?
Describe the population
What are statistics?
Describes the sample
What is a subset of a population?
Describes the same group of individuals
What is point estimate?
The sample mean is called a point estimate of the population mean μ.
What is the confidence level?
indicates the probability, with which the estimation of the location of a statistical parameter (e.g. an arithmetic mean) in a sample survey is also true for the population.
What is the margin of error?
a statistic expressing the amount of random sampling error in a survey’s results. The larger the margin of error, the less confidence one should have that the data’s reported results are close to the ‘true’ figures
What is an interval estimate?
estimated range of values for a statistic
What are the following confidence intervals?
90%
95%
98%
99%
90% -> 1.645
95% -> 1.96
98% -> 2.33
99% ->2.57
What’s the critical z-value for a 99% confidence interval?
2.575 or 2.58
- Decreasing the sample size, while holding the confidence level the same, will do what to the length of your confidence interval?
Makes it bigger
- Decreasing the confidence level, while holding the sample size the same, will do what to the length of your confidence interval?
Makes it smaller
You take a random sample from some population and form a 96% confidence interval for the population mean, μ. Which quantity is guaranteed to be in the interval you form?
- x-bar (sample mean)