Chapter 7 Flashcards
Population parameters are
the actual percentage
of Americans who identify as environmentalists or the actual average level of education in
the United States.
Why estimate? T
The goal of most research is to find the population parameter. Yet we hardly
ever have enough resources to collect information about the entire population. We rarely
know the actual value of the population parameter. On the other hand, we can learn a lot
about a population by randomly selecting a sample from that population and obtaining an
estimate of the population parameter. T
The major objective of sampling theory and
statistical inference is
to provide estimates of unknown population parameters from sample
statistics.
Estimation A
A process whereby we select a random sample from a population and use a sample statistic to
estimate a population parameter.
point estimate
A sample statistic used to estimate the exact value of a population parameter
Confidence interval (CI)
A range of values defined by the confidence level within which the population
parameter is estimated to fall. A confidence interval may also be referred to as a margin of error.
Confidence level
The likelihood, expressed as a percentage or a probability, that a specified interval will
contain the population parameter.
The problem with point estimates is that
sample statistics vary, usually resulting in some
sort of sampling error.
. In interval estimation,
we identify a range of values within which the population
parameter may fall.
margin of error
The radius of a confidence interval
Note that to calculate a confidence interval,
we take the sample mean and add to or
subtract from it the product of a Z value and the standard error
The Z value corresponding to a 95% confidence
level is
1.96.
The confidence interval is calculated by adding to
and subtracting from the observed
sample mean the product of the standard error and Z:
We can be 95% confident that the actual mean hours spent watching television by
Americans from which the GSS sample was taken is not less than 2.78 hours and not
greater than 3.10 hours. In other words, if we drew a large number of samples (N = 1,001)
from this population,
then 95 times out of 100, the true population mean would be
included within our computed interval.
. We will have to consider two factors to meet
the assumption of normality with the sampling distribution of proportions:
(1) the sample
size N and (2) the sample proportions p and 1 − p. When p and 1 − p are about 0.50, a
sample size of at least 50 is sufficient. But when p > 0.50 (or 1 − p < 0.50), a larger sample
is required to meet the assumption of normality.