Statistics Key Concepts

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These flashcards cover key statistical terms and their definitions from the lecture notes.

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15 Terms

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Population

The entire group we want information about.

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Sample

A smaller subset of the population from which data is collected.

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Parameter (μ, p)

A numerical summary describing the population.

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Sample statistic (x̄, p̂)

Numerical summary from the sample, used to estimate the parameter.

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Sampling distribution

Distribution of sample statistics if we took many samples.

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Standard error (SE)

The standard deviation of the sampling distribution; measures sampling variability.

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Bootstrap sample

Resample with replacement from your sample data.

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Bootstrap distribution

Distribution of bootstrap statistics used to find confidence intervals.

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Randomization distribution

Distribution assuming the null hypothesis is true, used to find p-values.

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Confidence interval (CI)

Range of plausible values for the parameter.

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p-value

Probability of observing a sample as extreme (or more) if the null hypothesis is true.

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Null hypothesis (H₀)

Claim of 'no effect' or 'no difference'.

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Alternative hypothesis (Hₐ)

What you are trying to find evidence for.

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Left-tail / right-tail / two-tail tests

Determines which side of the distribution you’re checking for extremeness.

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z-score

Standardized value: how many standard errors away from the mean a sample is.