Inferential Statistics Flashcards

1
Q

Used to make judgements, observe difference between groups, draw inferences/reached conclusion beyond the immediate data.

A

Inferential statistics

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2
Q

Where to use Inferential statistics

A
  • Market Research
  • Medical Control
  • Quality Control
  • Environmental Research
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3
Q

Statistical method used to determine whether a statement or hypothesis about the population parameter is true or false based on the sample of data

A

Hypothesis Testing

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4
Q

Proposes that there is no significant difference exists in a set of observations

A

Null hypothesis

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5
Q

The statement that researchers want to test

A

Null hypothesis

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6
Q

If the statistic is greater than critical value, null hypothesis is _____________

A

Rejected

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7
Q

If the P value is less than the level of significance, then the null hypothesis is___________

A

Rejected

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8
Q

Specifies the probability of them for evidences an unreasonable estimate

A

Alpha level

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9
Q

Most common alpha levels are _______

A

0.05, 0.01, 0.10

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10
Q

The probability to the right of respective statistics

A

P-Value

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11
Q

It calculates a probability estimate

A

P-value

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12
Q

If p-value is less than alpha level _______ null hypothesis

A

Reject

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13
Q

Our boundaries of critical region of rejection region

A

Critical Value

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14
Q

If test statistic is lower than critical value ________ mull hypothesis

A

Accept

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15
Q

Derive from level of significance (alpha level) of the test

A

Hypothesis testing

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