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22 Cards in this Set
- Front
- Back
Confidence interval |
Estimated range of values which is likely to include an unknown population parameter, the estimated range being calculated from a given set of sample data We say we are 95% confident that the population mean lies between..... |
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Point estimates |
A statistic that is used to estimate an unknown constant or parameter. Once data is collected we call it a point estimate. Sample mean for example As an estimate of population mean (sample mean) An estimate of success probability ( is sample proportion) In order to be useful necessary for point estimate to describe how far off from true value. |
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T distribution |
Used for small samples for approximately normal population |
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Chi square distribution |
Probability distribution based on variance or sample variance. a probability density function that gives the distribution of the sum of the squares of a number of independent random variables each with a normal distribution with zero mean and unit variance, that has the property that the sum of two or more random variables with such a distribution also has one, and that is widely used in testing statistical hypotheses especially about the theoretical and observed values of a quantity and about population variances and standard deviations |
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Bernoulli distribution |
Experiment that can result in one of two outcomes. Success p and failure (1-p) |
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Binomial distribution |
N bernoulli trials that are independent, each trial has same success p. |
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Poison distribution |
Approximation to binomial distribution when n is large and p is small |
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Independent |
When trials dont impact one another |
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Discrete versus continuous distributions |
Fixed values versus over a range |
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Geometric distribution |
Sequence of independent bernoulli trials each success p, X is number of trials up to and including first success. X discrete random variable with geo dis with parameter p. |
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Negative binomial distribution |
Extension of geometric trials up to and including rth success |
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Multinomial trials |
Like bernoulli but can have k outcomes |
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Normal distribution |
Good for many continuous populations. Bell shaped curve. Mean may have any value and variance may have any positive value. |
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Z |
Z-score of x. Item sampled from normal population with mean 0 and std. dev 1 |
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Lognormal distribution |
Data that contains outliers. X=lnY has N(mu,sigma^2) distribution |
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Uniform distribution |
Two parameters a and b with a<b. X is random variable with continuous uniform distribution then uniformly distributed on (a,b) |
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Statistic |
A quantity calculated from the data |
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Accuracy of estimator |
Measured by bias and precision is measured by its standard deviation or uncertainty. |
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Mean square error |
Want to be as small as possible. Measures overall goodness of an estimator. Combines both bias and uncertainty. |
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Central limit theorem |
If n is sufficiently large the sum of random samples is approximately normal. |
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Continuity correction |
To include endpoints in probability calculation extend each endpoint by 0.5. Adjustment made when approximating a discrete distribution with a continuous one. |
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Stimulation |
The process of generating random numbers and treating them as if they were data generated by an actual scientific distribution. |