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confidence intervals
- estimate the value of a parameter from a sample statistic
- calculate probs that would describe what would happen if we used the inference method many times
95% confidence level
looking at every sample w margin of error --> 95% of all samples will include the population parameter, the other 5% won't
point estimator
a stat that provides an estimate of a population parameter (ie. mean, median, min, IQR, etc)
point estimate
the value of that statistic from a sample --> best guess at the population parameter
confidence interval formula
point estimate +/- critical value • standard deviation of the stat
margin of error formula
critical value • sd of stat
critical value
basically the z-score, standardized score
confidence levels
- tells us how likely it is that the method that we are using will produce an interval (margin of error) that captures the pop parameter if we use it many times
- DOES NOT tell u that chance the population parameter is in there
wording for confidence levels
in ____% of all possible samples of the same size, the resulting confidence interval would capture the true (detail in context)
confidence interval wording
we are 95% confident that the interval from ______ to _______ captures the actual value of the (detail in context)
when does the margin of error get smaller
confidence level decreases
sample size n increases
wording for margin of error
if we were to repeat the sampling procedure many times, on average, the sample proportions would be within ____% points of the true proportion in 95% of samples
standard error
sd of proportion but using p hat
what is the process called for creating confidence intervals
1-sample z interval for p
What are the conditions to calculate a confidence interval
random, independent and normal
confidence interval calculations steps: state
p = true proportion
___% confidence level
confidence interval calculations steps: plan
method: 1-sample z interval for p
conditions
- random
- normal (large counts)
- independent (10%)
confidence interval calculations steps: calc (1 Sample Z interval for P)
show sd calc
draw pics
use your calc
to calculate confidence intervals on calc (1 Sample Z interval for P)
stat --> test
1-propZint
x is the numerator of the proportion
n is the denominator of the proportion (sample size)
when trying to find sample size, what do you pal in for the value of p
.5
What information does the margin of error provide?
The margin of error shows how close we believe our guess is based on the variability of the estimate in repeated SRSs.
Interpret a confidence level: "To say that we are 95% confident is shorthand for .....
If we take many samples of the same size from this population, about 95% of them will result in an interval that captures the actual parameter value.
Why do we want high confidence and a small margin of error?
High confidence is good because that means that our method almost always gives correct answers. A small margin of error says that we have pinned down the parameter quite precisely.
What is the z-score for the confidence level of 95%
1.96
What is the z-score for the confidence level of 90%
1.645
What is the z-score for the confidence level of 99%
2.58
What is the z-score for the confidence level of 80%
1.28
confidence interval formula for mean when you know the population standard deviation
x bar +/- z ( pop sd/√n)
conditions for finding a confidence interval of mean when you know the population standard deviation
same as pop proportion
- random
- normal --> n≥30
- independent --> 10%
formula for minimum sample size for mean when you know the population sd
z (pop sd / √n) ≤ ME
why do you have to use a t-distribtion if you do not know the pop sd
bc u can't treat it as normal
degrees of freedom formula (1 Sample T interval)
n-1
what happens when the degrees of freedom/sample size increases
the distribution looks more normal and the tails get smaller
what is the confidence interval formula for a t-interval
x bar +/- t (Sx / √n)
how do you find the t score if the actual degree of freedom does not appear on the chart
use the greatest df available that is less than your desired df
what is the method for finding a confidence interval of a t-distribution called
1-sample t-interval for μ
how do you find a t interval on calc
stat
test
t-interval
data (no mean and stuff)
list: L1
freq: 1
how do you see if the distribution is approximately normal in a t-distribution when n≥30 or the population is normal
it is normal bc passes CLT
how do you see if the distribution is approximately normal in a t-distribution when n<30
draw box plot to determine if skewed or outliers
if none, then normal
if STRONGLY skewed or outliers present then not normal
How can you arrange to have both high confidence and a small margin of error?
You can increase the sample size to decrease the margin of error while keeping a high confidence level
What happens to the margin of error when you increase the sample size? Why?
decrease --> The more data you collect, the more accurate your results are going to be
what happens to the margin of error when you increase the confidence level (95% to 99%)
increase --> If you are including almost all of the samples, there will be more variability (its less precise).
what happens to the margin of error when you decrease sd
decrease --> Margin of error is calculated using standard deviation so if the standard deviation decreases, the margin of error will decrease.
Similarities between a standard normal distribution (z) and a t distribution
The density curves of the t distribution are similar in shape to the standard Normal curve. They are symmetric about 0, single-peaked, and bell-shaped
Differences between a standard normal distribution (z) and a t distribution
The spread of the t distributions is a big greater than that of the standard Normal distribution.
what is the standard error of the sample mean (1 Samp t int)
SEx = Sx / √n
It describes how far x bar will typically be from pop mean in repeated SRSs of size n
when is the stated confidence level of a one-sample t interval for μ exactly correct
when the population distribution is exactly normal but no population of real data is exactly normal
Robust inference procedure
an inference procedure (the 1-sample x interval for p OR the 1-sample t interval for μ) is called robust if the provability calculation involved in the procedure remain fairly accurate when a condition for using the procedures is violated
when are t procedures robust? when are they not robust?
the t procedures are relatively robust when the population is non-normal, especially for larger sample sizes
the t procedures are not robust against outliers
the t procedures are quite robust against non-normality of the population except when outliers or strong skewness are present
what improves the accuracy of critical values from the t distributions when the population is nor normal
larger samples
standard error wording
in repeated sampling, the average distance between the sample means and the population mean will be about (# got for SE)