quick: review of confidence intervals inference: provides methods for drawing conclusions about a...
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QUICK: Review of confidence intervals
Inference: provides methods for drawing conclusions about a population from sample data.
Confidence Intervals estimate a population parameter (mean or proportion) with some level of confidence.
Because of what we know of Sampling Distributions (μxbar = μ AND μphat = p), we express our confidence in being able to capture the true μ or p in our own ONE sample.
Here is the idea of a Sampling Distribution
Inference Toolbox for Confidence Intervals
1. State Population and parameter of interest.
2. Check Conditions.
3. Calculate actual confidence interval.
4. Interpret results: I am ___% confident that the true mean μ ____(context)_______ is between ______ and _______.
Conditions for Inference Procedures
SRS: The data are a SRS from the population of interest.
Normality:
Confidence Intervals with Means: 1. Use CLT when n>30.
2. Otherwise boxplot, stemplot, dotplot for symmetry, no extreme skewness or large outliers. Check Normal Probability Plot for linearity.
Confidence Intervals with Proportions: 1. Check normality with n*phat > 10 and n*qhat >10
Independence: When sampling without replacement, check that n*10 < population size
One Sample z interval (σ known)
One Sample t interval(σ unknown)
MEANS:
PROPORTIONS:
One Sample z interval Proportion (1-phat) = qhat
Formulas for Confidence Intervals
Vocabulary for Confidence Intervals
Confidence Level
Confidence Interval
Margin of Error
Standard Error