Lecture 4:Understanding Confidence Intervals Flashcards
What is the difference between hypothesis testing and estimation?
Both use sample statistics to find out something about an unknown larger population
- Hypothesis testing: answers yes/no
- Estimation: answers exactly how much.
What is a sample?
A set of individuals selected from a population
What is Accuracy?
Validity
How closely your result reflects the truth
Accuracy indicates?
Validity
What is Precision?
Reliability/ Reproducibility
Obtaining similar results with repeated measurement/samples
What does Precision indicate?
Reliability/ Reproducibility
What are measures of Accuracy/ Validity?
Sensitivity & Specificity
How are accuracy and precision related to inferential statistics?
- Since we are inferring from a sample to a population, we need to know how closely the sample statistics represents the true population parameter, and how reproducible that specific population statistic is
- The more accurate and precise the statistic, the more representative the sample is to the population
What is meant by confidence interval?
Confidence intervals: one way of expressing the usefulness of research data
Confidence intervals (given as a range around an estimate) provides information about the degree of uncertainty surrounding data from a sample
What is the Standard Error of the mean = SE?
Standard error of the mean is a measure of how much the different sample means differ from each other
Smaller standard error indicates?
That samples are all similar and represent true population mean
Formula for Standard error SE
ππ‘ππππππ πΈππππ=(ππ‘ππππππ πππ£πππ‘πππ/βππππππ π ππ§π)
What is a confidence interval CI?
Aconfidence interval (CI)gives an estimated range of values which is likely to include the mean
CIs are an estimate of the accuracy and precision of the mean
Typically the 95% Confidence Interval is reported β 1.96 Γ SE on either side of the mean = 95% Confidence Interval
For 95% CI, if the population is sampled repeatedly and a CI computed each time, 95% of the time the population mean would fall within the computed CI
True or false?
True
What is the formula to estimate 95% Confidence interval CI?
Mean Β± 1.96 Γ Standard Error of the Mean
AKA
Mean Β±1.96 Γ (ππ‘ππππππ πππ£πππ‘πππ/β(ππππππ π ππ§π))