Module 2 Flashcards
What is the central limit theorem?
When “n” is sufficiently large, the sampling distribution for a particular statistic (e.g., sample mean) will tend towards a normal distribution, even if the underlying population distribution is NOT Gaussian. And if the sample size increases, then the distribution of averages becomes more normal and narrower.
What’s the difference between the distributions of Gaussian observations and sample means.
What is the (95%) confidence interval?
95% of the time, any given _X (“x bar”) should be within 2 standard errors (SEs) of the true population mean (mu).
Interpreted as “We are 95% confident that the true mean cholesterol level among persons with MSCD in he population could be as low as 231.8 mg/dL or as high as 268.2 mg/dL.”
How do you calculate sample mean and variance?
Additional notes for variance: Take every value in sample, subtract the sample mean, square it, then divide by (n-1)
How does the mean of the logs relate to the median of the logs?
They’re almost equal. As a result, when you exponentiate the mean of log10$ to return to the raw data, you get the median of the raw data (NOT the mean).
How does the log of the median relate the median of the logs?
They’re equal
How does the log of the mean relate to the mean of the logs?
They’re not equal
What greek letter represents the mean with CLT?
lowercase mu
What greek letter represents standard deviation with CLT?
lowercase sigma
What is the standard error (SE) of _X (x bar)?
The standard deviation of the sampling distribution of _X
How do you find variance?
Where sigma = standard deviation of the population
and n = size of sample
How do you find standard error?
Where sigma = standard deviation of the population
and n = sample size
How can the mean of the logs effect the interpretation of the confidence interval?
When you exponentiate the mean of log10$ to return to the raw data, you get the median of the raw data (NOT the mean). So in terms of CI interpretation, you’ve found the true median, not the true mean.
Does your confidence interval increase of decrease with an increase in sample size?
As sample size (n) increases, the confidence interval decreases because your standard error goes down (you’re more sure, think CLT).
How do you calculate margin of error (MOE)?
2*standard error