Rule Of Thumb Flashcards
SRS versus subsets
It is acceptable to use a subset rather than a SRS for a study if the size of the population is at least ten times the size of the sample.
Most likely value
Of the sampling distribution,B(n,bo), for the statistic on samples of size n under the null hypothesis that b = b0 is nb0.
Central limit theorem
States that, given certain conditions, the sum of a sufficiently large number of independent random variables each with a finite mean and finite variance, will be approximately normally distributed.
Standard cut-of p-value
P = 0.05
P-values close to the critical value
Marginally significant
Very small p-values
Highly significant
Normal approximation of the binomial distribution
For large values of n and values of b0 close to 0.5, the sampling distribution for sample proportion for samples of size n of a bernoulli trial is very close to the normal distribution. Nb0, b0(1-b0)/n, with mean mu = b0 and standard deviation theta = b0(1-b0)/n.
ANOVA
We fit two models to our data - full model (allows the mean response to vary between the different treatment groups) and a reduced model (assumes that the treatment means are the same). If the full model fits the data much better than the reduced model, we conclude that the treatment means really are different.
Chi-squared assumptions
Independence and no small expected values.