All Flashcards
Explain the Central Limit Theorem in the context of means.
For a large enough sample size (n ≥ 30), the sampling distribution of the sample mean will be approximately normal, regardless of the shape of the population distribution.
Explain the purpose of the 10% condition.
Ensures independence when sampling without replacement; population size must be at least 10 times the sample size.
What does it mean to 'fail to reject the null hypothesis'?
It means we don't have enough evidence to say the null hypothesis is false, not that it's true.
Explain the purpose of a significance test.
To challenge a claim about a population mean using sample data.
When do you use a t-test?
Use when the population standard deviation (σ) is unknown and you are working with means.
What are the differences between a t-test and a z-test?
t-test: σ unknown, uses sample standard deviation (s), t-distribution | z-test: σ known, population normally distributed, uses z-distribution
What are the differences between Type I and Type II errors?
Type I: Rejecting a true null hypothesis (false positive) | Type II: Failing to reject a false null hypothesis (false negative)
What are the differences between one-sample and two-sample t-tests?
One-sample: Compares the mean of one sample to a known value. | Two-sample: Compares the means of two independent groups.
What are the differences between confidence intervals and significance tests?
Confidence intervals: estimate a population parameter | Significance tests: test a claim about a population parameter
What are the differences between standard deviation and standard error?
Standard deviation: measures the spread of individual data points in a sample. | Standard error: estimates the variability of sample means around the population mean.
What is the formula for the t-statistic in a one-sample t-test?
where is the sample mean, is the population mean, is the sample standard deviation, and is the sample size.
What is the formula for degrees of freedom (df) in a one-sample t-test?
df = n - 1, where n is the sample size.
What is the general form of a confidence interval?
Point estimate ± (Critical value * Standard error)
What is the formula for the t-statistic in a two-sample t-test?
How do you calculate the margin of error for a confidence interval?
Critical Value * Standard Error