unit 6 Flashcards

1
Q

Point estimate is a

A

midpoint

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2
Q

Why do we use interval estimate rather than a point estimate?

A

Because it is more likely to be correct

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3
Q

What are intervals?

A

Set of plausible values for a parameter based on sample data

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4
Q

Interpreting Confidence Interval- the sentence and points

A

We are C% confident that the interval from ___ to ___ captures [parameter in context]

Points:
- confidence percentage
- interval captures
- proprotion, true
- parameter

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5
Q

What is the confidence level?

A

The predicted sucess rate

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6
Q

How do you intepret a confidence level?

A

If we were to select many random samples of same size from same population & construct a c% confidence interval using each sample, abt c% of intervals would cpature the [parameter in context]

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7
Q

Confidence interval _____ tell us the probability that a particular interval includes the parameter

A

doesn’t

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8
Q

Conditions for calculcating a confidence interval for a population proportion

A
  • Random condiition
  • 10% condiiton
  • Large counts
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9
Q

Large cou

A
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