All Flashcards
What is the formula for the point estimate of the difference of two means?
What is the formula for the margin of error of the difference of two means?
What is the general form of a confidence interval?
Point Estimate ± Margin of Error
How to calculate degrees of freedom for two-sample t-test (without calculator)?
Use a conservative estimate by taking the smaller of and .
What is the formula for a confidence interval for the difference of two means?
What is a point estimate?
The best guess for the true difference in population means, calculated as .
What is the margin of error?
The amount added and subtracted from the point estimate to create the confidence interval.
What is the Central Limit Theorem (CLT)?
If sample sizes are at least 30 (n ≥ 30), the sampling distributions will be approximately normal.
What is the 10% condition?
When sampling without replacement, the sample size should be less than 10% of the population size.
Define critical t-value ().
The value from the t-distribution used in calculating the margin of error, based on the confidence level and degrees of freedom.
What are the differences between random sampling and random assignment?
Random Sampling: Selecting individuals randomly from a population to be in the sample. | Random Assignment: Assigning participants to different treatment groups randomly in an experiment.
What are the differences between the t-distribution and the normal distribution?
T-distribution: Used when the population standard deviation is unknown and estimated by the sample standard deviation, heavier tails. | Normal Distribution: Used when the population standard deviation is known or with large sample sizes due to CLT, lighter tails.
What are the differences between Type I and Type II error?
Type I error: Rejecting the null hypothesis when it is true (false positive). | Type II error: Failing to reject the null hypothesis when it is false (false negative).
What are the differences between standard deviation and standard error?
Standard deviation: Measures the spread of data in a single sample. | Standard error: Measures the variability of the sample statistic (e.g., sample mean) across multiple samples.
What are the differences between confidence intervals and hypothesis tests?
Confidence Intervals: Estimate a population parameter with a range of plausible values. | Hypothesis Tests: Assess the evidence against a specific claim about a population parameter.