Presentation on theme: " With replacement or without replacement? Draw conclusions about a population based on data about a sample. Ask questions about a number which describe."— Presentation transcript:
With replacement or without replacement?
Draw conclusions about a population based on data about a sample. Ask questions about a number which describe a population. Numbers which describe populations are called… Parameters To estimate a parameter, choose a sample from the population and use a statistic (a number calculated from the sample).
Population Proportions: p Sample Proportions: (also known as p-hat) – we’ve seen this before… it’s the count in the sample which applied (i.e., said yes) divided by the sample size Example: The 2001 Youth Risk Behavioral Survey questioned a nationally representative sample of 12,960 students in grade Of these, 3340 said they had smoked cigarettes at least one day in the past month. Who is the population? How do you write the sample proportion?
The population is high school students in the United States. The sample is the 12,960 students surveyed. The sample proportion (p-hat) … Give all answers to 4 decimal places.
The parameter is the proportion that have smoked cigarettes in the past month. (This is usually an unknown value). Using the value of p-hat, we can make generalized statements about the population. Based on this sample, we can estimate that the proportion of all high school students who have smoked cigarettes in the past month is about 25.77%.
On the last example, the answer was about 25.77%. In order to capture the true population parameter in 95% of all samples, use a 95% confidence interval… Remember that with a curve, 95% is 2 standard deviations in each direction. This is the formula we will use…
Using this formula will give two endpoints for a confidence interval. 95% of all samples will fall in this interval. In this formula, the value under the square root represents the standard deviation. n stands for the number in the sample.
Remember, p-hat= and n=12960.
This interval catches the true unknown population proportion in 95% of all samples. In other words, we are 95% confident that the true proportion of high school students who have smoked cigarettes at least one day in the past month is between 25.01% and 26.53%.
Estimate ± Margin of Error What would the confidence interval be here?
So far, we have used 68% = 1 std. dev., 95% = 2 std. dev., and 99.7% = 3 std. dev. These were estimates which were used. More accurate values are Critical Values, denoted z* (this is on page 502):
Z* now takes the place of the number of standard deviations outside the square root.
WWe are 95% confident that the true proportion of high school students who have smoked cigarettes at least one day in the past month is between 25.03% and 26.51%. EEarlier, with using “2” for the number of standard deviations, instead of “1.96” as the critical value z*, we had stated: WWe are 95% confident that the true proportion of high school students who have smoked cigarettes at least one day in the past month is between 25.01% and 26.53%.
While this is a very small difference, the benefits with using critical values is that there are more options to use (8) than with the rule’s 3 standard deviations. Critical Values z* can be used for the following confidence levels: 50%, 60%, 70%, 80%, 90%, 95%, 99%, and 99.9%. Standard Deviations can be used for 68%, 95%, and 99.7%
Remember, the larger the number, the wider the interval…if you don’t need a high proportion of confidence, you can use a smaller number (like 50%). 50% will give a smaller confidence interval (will contain a smaller proportion of the true unknown population). 50%: (0.2551, ) 60%: (0.2545, ) 70%: (0.2537, ) 80%: (0.2528, ) 90%: (0.2514, ) 95%: (0.2503, ) 99%: (0.2478, ) 99.9%: (0.2451, ) So the smallest interval is 25.51% to 26.03% and the largest interval is 24.51%-27.04%
What is the formula for p-hat?
What is the formula for a confidence interval, using z* (just the basic formula—no numbers)?
What does n stand for in the equation? The sample size.
How many critical values (z* values) are there to choose from? 8…they are 50%, 60%, 70%, 80%, 90%, 95%, 99%, and 99.9%