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10 Cards in this Set
- Front
- Back
Assumptions
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-sample is randomly selected -sample size must be greater than or equal to 30 or the population must be normally or approximately normally distributed if the sample size is less than 30 |
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Chi-Square Distribution
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-all values are greater than or equal to 0 -family of curves based on the degrees of freedom -area under curve equals 1 -positively skewed |
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Confidence Interval
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-a specific interval estimate of a parameter determined by using data obtained from a sample and by using the specific confidence level of the estimate
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Confidence Level
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-the probability that the interval estimate will contain the parameter, assuming that a large number of samples are selected and that the estimation process on the same parameter is repeated
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Consistent Estimator
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-as the sample size increases, the estimate approaches the parameter
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Degrees of Freedom
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-number of values that are free to vary after a sample statistic has been computed, and they tell the researcher what specific curve to use |
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Estimation
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-the process of estimating the value of a parameter from information obtained from a sample |
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Estimator
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-sample measures used to estimate population measures |
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Interval Estimate
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-an interval or range of values used to estimate the parameter -estimate may or may not contain the value of the parameter being estimated |
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Margin of Error
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-maximum likely difference between the pointestimate of a parameter and the actual valueof the parameter
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