Stats's Final Part II Flashcards

1
Q

Type 1 error

A

Rejects null hypothesis when it is actually true

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2
Q

Confidence Interval

A

A possible range of values for the population parameter

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3
Q

Null Hypothesis

A

A claim to be tested

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4
Q

Z-scores

A

Number of standard deviations that the observation falls above or below the mean

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5
Q

Point estimate

A

When a single value is given as an estimate of a parameter

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6
Q

What is the symbol of null hypothesis

A

Ho (letter H lowercase o)

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7
Q

Shorthand Distribution Formula

A

N( μ, σ)

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8
Q

What makes an observation independent?

A

random sample that is less than 10% of population

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9
Q

Sampling Distribution

A

Distribution of a statistic that comes from multiple samples from one population

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10
Q

What does σ stand for?

A

Standard Deviation

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11
Q

T-table

A

the t-distribution degrees of freedom

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12
Q

What does μ stand for

A

Means

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13
Q

Type 2 error

A

Failure to reject null hypothesis

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14
Q

Degrees of Freedom Formula

A

n-1

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15
Q

Normal Distribution Model

A

bell shaped curve that is symmetric and has one maximum

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16
Q

When is t-distribution needed?

A

When you draw conclusions on a sample mean

17
Q

Standard Normal Distribution is

A

When the μ= 0 and σ = 1

18
Q

T distribution

A

Single parameter that is centered at zero

19
Q

What does n symbolize

A

Sample Size

20
Q

Alternative Hypothesis

A

Claim to be tested that is within possible parameter values

21
Q

What is the notation for alternative hypothesis?

A

HA:μ

22
Q

What is the notation for null hypothesis

A

Ho: μ