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19 Cards in this Set

  • Front
  • Back
Population
collection of people / entire group interested in
Census
data on all the cases out there; every 10 years in USA
Sample
subset of cases selected from underlying total population
Population Distribution
• Y on x axis
• Center at MY
• One standard deviation?
Sample Distribution
a subset of the population which we have data on
• We want to use the sample to say something about the population
• Y on x axis
• Centered at Y Bar
• One standard deviation from mean
Sampling Distribution
a distribution of all the means we could have gotten if we sampled infinitely; the distribution of y bars (means); does NOT exist, just a hypothetical thought experiment; what could have happened if I had gotten a different mean (y bar)
• Centered at MY Bar (equals MY)
• Y Bar on x axis
• One standard error from Mean
Parameter
Value used to represent certain population characteristic
• Population mean is a parameter used to indicate average value of a quantity
Statistic
Quantity calculated from sample of data
Standard Error
standard deviation of sampling distribution – how far off on average we are from the mean
• sigmaY /square root N
Null Hypothesis
comes from someone else; what you are trying to disprove
Alternative Hypothesis
What your hunch is; what you are trying to prove
P-Value
probability of observing results as supportive of alternative hypothesis or more supportive of what we got if null is true
Statistical Significance
when we have a p-value of less than .05; we are able to reject the null
Type I error
reject a true null hypothesis; worst b/c we are going against conventional wisdom and we are wrong
Type II error
accept false null; go along with conventional wisdom
Confidence Interval
likely location of population mean
• Calculated by adding lowest and highest values to original (null) value
Normal Distribution
bell curve distribution; symmetrical around mean, has predictable area under curve, one standard deviation captures 68% area under curve, two standard devs. 95%, and three = 99%
T-distribution
Fatter tails than normal distribution
• T-score
how many standard errors Ybar is away from MY under the null
• Bigger score, then reject null