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38 Cards in this Set

  • Front
  • Back
If repeated random samples of size n are taken from a population with a mean (µ) and a standard deviation (σ), the sampling distribution of sample means will have a mean equal to µ and a standard error equal to σ/√n
Central Limit Theorem
As n increases the sampling distribution will approach a normal distribution.
Central Limit Theorem
A physical representation of the population; a listing of all the elements in a population.
Sampling Frame
The standard deviation of a sampling distribution of sample means.
Standard Error of the Mean
The result that you would get if you took repeated samples from a given population, calculated from the mean for each sample, and plotted the sample means.
Sampling Distribution of Sampling Means
The difference between a sample statistic and a population parameter that is due to chance.
Sampling Error
A sample selected in a way that every unit has an equal chance of being selected, and the selection of any one unit in no way affects the selection of any other unit.
Random Sample
In a random sample, every unit in the population has an_____chance of being selected.
equal
In a random sample, does the selection of any one unit affect the selection of another unit?
No.
In a random sample, how many combinations are possible?
ALL.
When selecting a sample, the physical representation of the population is known as the______?
Sampling Frame
The difference between a sample statistic and population parameter that is due to chance is referred to as_____?
Sampling Error
A sampling distribution of sample means is based on taking repeated samples (of size n) from the same population and plotting the_______ of different samples.
Means
According to Central Limit Theorem, the mean of a sampling distribution of sample means will equal the _____ of the population from which the samples were drawn.
Mean
The standard deviation of a sampling distribution of sample means is referred to as the______ _______ of the _____.
Standard Error of the Mean
According to the Central Limit Theorem, and given a sampling distribution of sample means, the standard error of the mean will equal the _____ ______ of the population divided by the square root of the sample size.
Standard Deviation
According to the Central Limit Theorem, and given a sampling distribution of sample means, the standard error of the mean will equal the standard deviation of the population divided by the ____ ____ of the sample size.
Square Root
The shape of a sampling distribution of sample means will approach the shape of what kind of curve?
Normal.
An interval or range of values within which the true mean of the population is believed to be located.
Confidence Interval for the Mean
A statement of two values (or an interval) within which you believe the true proportion of the population is found.
Confidence Interval for a Proportion
An estimate of the standard deviation of the sampling distribution of sample means; a function of the standard deviation of a sample.
Estimate of the Standard Error of the Mean
A series of sampling distributions (of the t statistic) developed by Gossett. The shape of any one distribution is a function of sample size (or degrees of freedom, equal to n-1).
Family of t distributions
The amount of confidence that can be placed in an estimate derived from the construction of a confidence interval. Level of confidence is mathematically defined as 1 minus the level of significance. The level of confidence is a statement of percentage of times (99%, 95%, etc.) one would obtain a correct confidence intervals if one repeatedly constructed confidence intervals for repeated samples from the same population.
Level of confidence
A term used to express the width of a confidence interval for a proportion.
Margin of Error
How is a confidence interval for the mean constructed?
A sample mean is used as the starting point. A value is added to the mean and subtracted from the mean. The results are upper and lower limits of the interval.
What Z value is associated with a 95% confidence interval?
1.96
What Z value is associated with a 99% confidence interval?
2.58
What is the relationship between the LEVEL OF CONFIDENCE and the PRECISION OF AN ESTIMATE when constructing a confidence interval for the mean?
Level of confidence and precision are inversely related. AS ONE INCREASES, THE OTHER DECREASES.
What effect does increasing the size of a sample have on the width of the confidence interval and the precision of the estimate?
it DECREASES THE WIDTH of the interval and, therefore, INCREASES THE PRECISION of the estimate.
When constructing a confidence interval for the mean, how do you approach the standard error? How does the approach differ, depending on whether you know the value of the standard deviation of the population (σ)?
if σ is known, you make a direct calculation of the value of the standard error. If σ is unknown, you have to estimate the value of the standard error.
How do you estimate the value of the standard error of the mean (sXbar)?
by dividing the sample standard deviation (s) by the square root of the sample size (√n).
how is the degrees of freedom computed?
n-1 (size of sample - 1).
When using the t table and constructing a confidence interval for the mean (with σ unknown), how do you find the level of confidence in the table?
The level of confidence is expressed indirectly. It is equal to 1 minus the level of significance. For example, to work at the 95% level of confidence, use the column dedicated to the .05 level of significance (1 - .05 = .95).
A statement of two values (or an interval) within which you believe the true mean of the population (µ) is found.
Confidence interval for the mean
An estimate of the standard deviation of the sampling distribution of sample means; a function of the standard deviation of a sample.
estimate of the standard error of the mean
A series of sampling distributions (of the t statistic) developed by Gossett. The shape of any one distribution is a function of sample size (or degrees of freedom, equal to n - 1).
family of t distributions
The amount of confidence that can be placed in an estimate derived from the construction of a confidence interval. Level of confidence is mathematically defined as 1 minus the the level of significance. The level of confidence is a statement of the percentage of times (95%, 99%, etc) one would obtain a correct confidence interval if one repeatedly constructed confidence intervals for repeated samples from the same population.
level of confidence
A term used to express the width of a confidence interval for a proportion.
Margin of Error