Confidence Intervals

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12 Terms

1
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point estimate

value of sample statistic corresponding with the parameter (p-hat or x-bar)

2
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level of confidence

probability of the interval capturing the population parameter (P or M)

3
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confidence interval

set of values estimating the true parameter (proportion or mean)

4
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confidence interval for proportion conditions 

  1. random & independent

  2. n(phat) and n(qhat) > / = to 10

5
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how to narrow a confidence interval

  • decrease the confidence level

  • increase sample size

6
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______ the confidence level _____ the confidence interval

increasing, widens

7
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with a ______ sample size, the interval becomes ______

larger, narrower

8
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steps to constructing a confidence interval for proportion

  1. phat

  2. conditions 

  3. Find Za/2

  4. MOE

  5. phat ± MOE

  6. write an interpretation 

9
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As sample size gets ______ the student t distribution becomes closer to standard normal

larger

10
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Confidence Interval for Mean critical value 

ta/2 with df= n-1

11
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Since Population SD isnt known, what do you use instead? 

“s” in place of sigma

12
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t distribution estimates standard deviation so it includes _____ uncertainty leading to a ______ confidence interval

greater, wider