Foundations for Inference Flashcards

1
Q

Sampling Distribution

A

a theoretical distribution of a sample statistic after taking repeated samples

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2
Q

Central Limit Theorem (for proportion)

A

allows us to make inferences about population proportions based on sample data and it helps us estimate how wrong the sample is likely to be

with a large enough sample size, the distribution of sample proportions will be approximately normally distributed.

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3
Q

Confidence Interval

A

A range around a sample statistic that is likely to include the population parameter.

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4
Q

Standard Error

A

The standard deviation of the sampling distribution of a given sample; a measure of how far off, on average, a given sample is likely to be from the population parameter.

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5
Q

Building a Confidence Interval

A
  1. decide how confident we want to be (standard is 95%)
  2. determine the alpha level (the probability of being wrong) (for a 95% confidence interval, alpha is 0.05)
  3. determine the Z-score value for 95% (For 95% confidence, the z score is 1.96)
  4. find the se (√((𝑃(1−𝑃))/𝑛)
  5. find margin of error: se x z value
  6. CI will be the sample proportion + or - that value
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6
Q

standard error

A

√((𝑝̂(1−𝑝̂))/𝑛)

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7
Q

margin of error

A

se x z

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8
Q

equation for confidence interval

A

𝑝̂ ± moe
aka: 𝑝̂ ± se x z

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9
Q

explain the equations for
1. find se
2. find moe
3. find CI

A

find se: √((𝑝̂(1−𝑝̂))/𝑛)
find moe: se x z
find CI: 𝑝̂ ± moe

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10
Q

When you find the two values of CI (𝑝̂ ± moe) what are you saying?

A

we are 95% confident that the true proportion is within these two values

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11
Q

Parameters vs Statistics

A

parameters are the features of a population while statistics are features of a sample

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12
Q

Population mean (μ)
Population standard deviation (σ)
Population proportion (p)

A

parameters: greek lettters

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13
Q

Sample mean (𝑥̅, x-bar)
Sample standard deviation (s)
Sample proportion (𝑝̂, p-hat)

A

statistics: latin letters

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14
Q

the parameter/statistic represents what?

A

parameter: population
statistic: sample

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15
Q

Will your CI become narrower or wider if your confidence level goes from 95% to 80%?

A

narrower with 80%.: confidence is lower, but possibly more precise
wide with 95%. you are more confident with 95% but less precise

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