Variability in estimates proportions

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38 Terms

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Proportions are for

Categorical data

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Proportions are written as

%, decimal, or fraction (x/n)

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Sample proportion is called

P-hat

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What is p-hat written as

%, decimal, Or fraction

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P-hat is written as

^

P

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P-hat without hat is

Population sample

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Sample stats estimate

Population parameters

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Sample stat is also known as

Point estimate

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Sample stat should be ____ to pop parameter

very close

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Sampling distribution

Average of all p-hats (point estimates)

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Standard error

Variation or standard deviation in point estimates

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SE vs SD

SE= categorical

SD= numerical

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can a graph be curved for categorical data

No— not continuous data

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Larger sample size = ___ SE

Smaller

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Central Limit Theorem**

If observations are independent and sample size is sufficiently large, sample proportion will be nearly normally distributed (mean = p aka population proportion)

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How to verify independence

Random sample less than 10% of pop

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How to verify sufficiently large sample

Must meet success failure condition

(Np>=10) and n(1-p)>= 10

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If p is not known, you can use

P-hat

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Confidence interval

range of plausible values where we are likely to find population parameter

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CI written as

(60%, 70%)

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What do you need in confidence interval

Parenthesis!!

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More commonly used confidence intervals

A- 90% = significance level, 1-0 confidence level

Leftover = alpha

95%

99%

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Cutoff scores for critical values

90%+-1.65

95% +-1.96

98$ +-2.33

99%+2.58

(Given)

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How to calculate confidence level

Point estimate +- ME

Or x* points estimate +- z* (SE)

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what do you use to calculate uncertainty of point estimate

standard error

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variables in SE formula

n= sample #

x= observed stat

p= point estimate/sample state

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how to get point estimate from confidence interval problem

average it

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how to get margin of error

distance from middle to endpoint

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steps to solve confidence interval question

  1. check conditions

  2. find point estimate/sample stat (aka phat) and z score (on chart)

  3. calculate with formula

  4. put into words

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parameter is also known as

population proportion

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success failure condition

np>10 and (1-p)n>10

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point estimate

sample value use to estimate population parameter

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example of point estimates

sample mean, sample proportion, sample standard deviation

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error

difference between observations and the parameter

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when conditions are not met distribution is

discrete (not continuous)

skewed

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why do we need a confidence interval?

cuz point estimates will likely not exactly hit population proportions

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margin of error formula in confidence interval

z*+-SE

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why do you need to check conditions

to make sure distribution will be near normal