Mod 3A Statistical Inference and Hypothesis Testing Flashcards

1
Q

What is the difference between a population and a sample?

A

A population includes every subject of interest, while a sample is a smaller group drawn from that population to make inferences.

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2
Q

What is point estimation in statistics?

A

Point estimation involves using sample data to estimate a population parameter like mean (X̄), standard deviation (s), or proportion (P̄).

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3
Q

What is a sampling distribution?

A

A sampling distribution shows the distribution of a statistic (like sample mean) over many samples from the same population, helping infer population parameters.

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4
Q

What does the Central Limit Theorem state?

A

It states that the sampling distribution of the sample mean approximates a normal distribution as the sample size becomes large (usually n ≥ 30), regardless of the population’s distribution.

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5
Q

What is interval estimation?

A

Interval estimation uses a point estimate plus or minus a margin of error to create a range (interval) that likely contains the population parameter.

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6
Q

When is the t-distribution used in hypothesis testing?

A

The t-distribution is used when the population variance is unknown and the sample size is small; it accounts for more uncertainty than the normal distribution.

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7
Q

What are the null and alternative hypotheses?

A

The null hypothesis (H0) assumes no effect or no difference; the alternative hypothesis (H1) suggests there is an effect or a difference.

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8
Q

What are Type I and Type II errors in hypothesis testing?

A

Type I error is rejecting the null hypothesis when it’s true. Type II error is failing to reject the null hypothesis when it’s false.

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9
Q

What does the level of significance in hypothesis testing indicate?

A

It indicates the probability of committing a Type I error. Common levels are 0.05 (5%) for moderate evidence and 0.01 (1%) for strong evidence against the null hypothesis.

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10
Q

How do you calculate standard error of mean

A

Standard error = STD / SQRT(N)

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11
Q

How do you calculate standard error of proportion

A

=SQRT(Sample proportion*(1-Sample proportion)/Total Observations)

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12
Q

How do you calculate sample proportion

A

= Number of successes / Total Observations

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13
Q

How do you calculate margin of error

A

=T-value*STD/SQRT(n)

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14
Q

How do you calculate upper and lower bounds

A

= Sample mean +- margin or error

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