sampling inference parameter Flashcards
what is the area under the curve of a normal distribution ?
1 which is equal to the sum of all the possibilities/probabilities
μ ± 1σ includes how much of the population ?
68%
μ ± 2σ includes how much of the population ?
95.4%
μ ± 3σ includes how much of the population ?
99.7%
what is statistical inference ?
is the conclusion we reach about a population based on data collected about a certain sample
what are measurements in a population called ?
parameters
what are measurements in a sample called ?
statistics
what are the two methods of making statistical inference ?
- point and interval estimation
2. hypothesis testing
what is a point estimate ?
a single numerical value ues to estimate the population parameter
what is an interval estimate ?
consists of two numerical values defining a range of values, with a specified degree of confidence
what is the best point estimate of the population parameter ?
sample statistic
what is the CI ?
gives info about closeness to the unknown population parameter
what is random error ?
an error resulting from the process of sampling
what is an example of the sample error ?
different samples with the same sample size will give different estimates for the population parameter
what is the difference between the standard error and the standard deviation ?
standard deviation applies to a single sample
standard error applies to multiple samples
what is the central limit theory ?
the average of a random sample will more closely resemble the average for the whole population as the sample size increases regardless of the shape of the distribution
what is the standard error ?
its the standard deviation divided by the square root of the population
how is the 95% CI calculated ?
multiply the SE by 1.96
use that answer to add and subtract from the mean to get the upper and lower limit of the confidence interval
how is the population mean or the confidence interval calculated ?
μ = x ± Z × SE mean.
how is the z score calculated ?
x - u
____
SD
what is the relationship between the sample size and the standard error ?
as sample size increases the standard error decreases and the confidence interval becomes smaller
what is the variable is not normally distributed in the population ?
if the sample size is equal to or above 30 then the central limit theory still applies
if the standard deviation of the population os not known and we have to use the sample’s standard deviation what value must replace the z value ?
the t value
how is the degree of freedom for the t table calculated ?
n-1
what is the standard error of qualitative variables ?
square root of :
p(1-p)
_____
n
does a wide CI have any significance ?
none