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Chapter 8

Ashley Shah Inglés 16 fichas

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  1. 1Interval EstimatePoint Estimate +/- Margin of Error
  2. 2What is purpose of interval estimate?Provide info on how close point estimator is to the value of the parameter
  3. 3Interval Estimat of Population MeanPopulation Mean +/- Margin of Error
  4. 4Population Standard DeviationAlso referred to as "known" case
  5. 5How to Compute Margin of ErrorNeed Population Standard Deviation OR sample standard deviations (s)
  6. 6Confidence Levelhow certain the intervals will contain the population mean
  7. 7How do you obtain a higher confidence level?margin of error and the width of confidence interval must be larger
  8. 830 is an adequate sample size: True or FalseTrue, but larger is always better!
  9. 9Population Mean UnknownMust use sample standard deviation (s) to estimate the population mean
  10. 10T DistributionFamily of similar probability distributions
  11. 11Degrees of FreedomNumber of independent pieces of information that go into computing s
  12. 12What happens when degree of freedom increases?difference
    between the t distribution and the standard
    normal probability distribution becomes smaller
    and smaller
  13. 131-AA = confidence level
    Ex: 95 percent
    1-0.95 = 0.05
  14. 14n-1Degrees of freedom, n is the total number of pieces your sample
  15. 15When reporting margin of error you need to always show both the upper end and lower end: True/FalseTrue
  16. 16Interval of Population ProportionPopulation proportion +/- Margin of Error

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Fichas sobre Chapter 8, creado por Ashley Shah el 09/10/2016.
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Ashley Shah
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