General vocab/definitions

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29 Terms

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Confidence interval
point estimate ± MoE
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Margin of error
t\*(SE)
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Standard error
likelihood of difference between population and sample mean σ/sqrt(n)
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Null hypothesis
Ho
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Alternative hypothesis
Ha
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p-value
Probability of sample mean given that Ho is true
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Chi Squared (χ²)
Test stat for many proportions
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Alpha level (α)
Boundary used to decide test
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Type 1 error
Rejecting Ho when true
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Type 2 error
Failing to reject Ho when false
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Skew
State of asymmetry
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Statistic
Value calculated from data used to summarize the sample
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Parameter
Any value used to represent the population
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Measures of center
Mean and median
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Categorical variable
Data graphed with a pi chart or segmented graph
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Quantitative variables
Data graphed with a boxplot, histogram, or stem plot
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Z-score
Measurement that shows a values distance from the mean in standard deviations (x - μ) / σ
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Percentile
The value below which a certain percent of the distribution will lie
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Outlier
Extreme values that don’t belong with the rest of the data
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Measures of spread
Standard deviation, range, IQR
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Inference
Using sample data to estimate/test population parameters
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1\.5 IQR test
Q1-((Q3-Q1)1.5) & Q3+((Q3-Q1)1.5)
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Model
An equation or formula that simplifies and represents reality
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Residual
Differences between data values and the values predicted by the model
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Regression line/Line of best fit
Linear representation of a scatterplot
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R^2
The fraction/percent variability the regression line accounts for in our data
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Extrapolation
Making predictions outside the x values of our data
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Leverage
Data points that are far from the mean have more ________
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Influential point
When omitted, these points change the slope of the data set