STATS 3 Flashcards
we cqalculate probabilities of a population to make predictions and decisions
STATISTICS
a probabilty distribution of continuos random variables
NORMAL PROBABILTY THEOREM
statictical conept that the sample mean distribution of a random varibale will assume a near normal or normal
CENTRAL LIMIT THEOREM
mean is equal to what?
POPULATION MEAN
what is the shape of normal curve
BELL SHAPE
another name for t distribution
STUDENTS DISTRIBUTION
used to estimate population parameters when the sample size is small and/or when the population variance is unknwn
T DISTRIBUTION
t distribution has what greater value than 1
VARIANCE AND STANDARD DEVIATION
t distbution has more area where?
TAILS
formula for t distribtion
X BAR MINUS M OVER S OVER SQUARE ROOT OF N
formula for mean
JUST COPY MEAN
formula for standard deviation
STANDARD DEVIATION OVER SQUARE ROOT OF N
ormula for variance
VARIANCE OVER N
when degree of freedom is given
DO NOTHING
when n is given
MINUS ONE
refers to the probability that the confidence interval contains the true population parameter
CONFIDENCE LEVEL