Assignment #2 - cat by cat Flashcards
(71 cards)
which law says the result obtained
from a large number of trials should be close to the expected result, and will tend
to get closer to the expected result as more trials
are performed.
law of large numbers
if individual
outcomes are uncertain (up to chance) but there is
nonetheless a regular distribution of outcomes in
a large number of trials, what do we call it?
A random phenomenon
the proportion of times the
outcome would occur in an indefinitely long
series of trials of a random phenomenon
Probability
mathematical
descriptions of long run regularity of random phenomenon
Probability models
What does a probability model consist of? (3)
1 - Sample space (s)
2 - Event
3 - Probability of each event
The set of all possible outcomes in a random phenomenon
Sample space (s)
The probability model for a random phenomenon
with a FINITE number of possible outcomes
discrete probability model
How do you describe a discrete probability model
list the possible outcomes and
their associated probabilities.
How do you describe a discrete probability model
list the possible outcomes and
their associated probabilities.
What is the probability model of a coin toss
S = {Heads (0.5), Tails (0.5)}
In a probability model, what does the value in brackets ( ) represent
the probability of that event
The probability model for a random phenomenon
with an infinite number of possible outcomes
Continuous probability model
How do you express a continuous probability model?
a continuous curve with the total area under the
curve equal to 1, X-axis = possible outcomes
What is a continuous curve + axis combo for a continuous probability model called?
Probability distribution
probability distribution obtained through a large number of samples drawn from the population.
Sampling distribution
the sampling distribution for p has known
characteristics if the sample size is large enough
Central Limit Theorem
systematic bias that arises from using
nonprobability sampling methods.
Sampling methods
he error that occurs when using a
statistic based on a sample to predict the value of a
population parameter.
Sampling error
the probability distribution that specifies probabilities for the possible values a statistic can take.
The sampling distribution
the standard deviation of the sampling
distribution.
Standard error
a range of values which is
computed from sample data and might contain
the unknown population parameter.
Confidence interval
Two components of a confidence interval
- interval
2. Confidence level C
what is the interval component of a confidence interval
calculated from the data, usually in the
form ‘estimate ± margin of error.’
What is the confidence level C portion of a confidence interval
our level of
confidence that the interval includes the population
parameter.