Sampling Variation And Confidence Intervals Flashcards
The list of people that you can choose or sample from is known as what? Give examples
The sampling frame (e.g. the names from the 2001 census of Nottingham)
- Why are samples means different from the true mean?
2. What causes this?
- Because different random samples will produce slightly different means compared to the overall true mean
- sampling error
What does the central limits theorem state?
That the sampling distribution of the mean approaches a normal distribution as the sample size increases
What gives an indication of how well the sample mean reflects the Unknown population mean?
Standard error
What determines the accuracy of the sample mean?
- sample size
- variability of the measurement
What type of sample do we take to ensure it is representative of the whole population?
A random sample: every individual in the population has an equal chance of being in the sample
What is the formula for calculating standard error of the mean?
Standard error = SD divided by the square root of the sample size (n)
How do you interpret standard error values?
A large value will tell us that the sample means can be quite different to each other and therefore a particular sample may not be particularly representative of the population
A small value will tell us the sample means will be fairly similar and therefore our particular sample is likely to be a fair reflection of the population
What are the confidence intervals?
They out bounds in how far away the truth might be from your estimate
A 95% confidence interval is a range of values around our estimate which we are reasonably confident (95%) includes the true value
How is the 95% confidence interval calculated?
The mean plus/minus 1.96 multiplied by the standard error
The 1.96 comes from the normal distribution and actually represents the number of SDs away from the mean which encompasses 95% of the population
What does a small confidence interval mean?
That the mean represents the data well
What are the two ways of interpreting confidence intervals?
- A plausible range of values: I.e. The true mean can realistically lie anywhere within those boundaries
- In terms of repeated experiments: if the experiment was repeated 100 times then 95 of the confidence intervals calculated would contain the true mean