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Estimating Population Parameters Mean • Variance (and standard deviation) – Degrees of Freedom • Sample size –1 – Sample standard deviation – Degrees of confidence (e.g., 95%) • Proportion Critical value • Boundary between what’s in and what’s outside the confidence interval • Intermediate value in the calculation of the margin of error • Mean and proportion – Samples statistics are normally distributed – Use the z table or t (Student) table • Variances – Samples variances are not normally distributed – Use the Chi-square distribution table (A-4) Critical Value for Mean and Proportion • Critical value is the confidence interval on the standard normal distribution • Margin or error calculation maps the critical value to a range appropriate for our data, after adjusting for the sample size Critical Value for Variance and Standard Deviation • • • • Chi-squared (χ2) Distribution The distribution of sample variances Skewed to the right Shape varies according to degrees of freedom Boundaries • Χ2l is the left-hand critical value – Function of the degree of freedom and left boundary: (1 + degree of confidence) ÷ 2 • Χ2r is the right-hand critical value – Function of the degree of freedom and right boundary: (1 – degree of confidence) ÷ 2 Reading the table DoF 0.995 0.99 0.975 0.95 0.90 0.10 0.05 0.554 0.831 1.145 1.610 9.236 11.071 0.025 0.01 0.005 … 5 … 0.412 12.833 15.086 16.750 Finally, the calculation • We do not calculate a margin of error, but rather the upper and lower boundaries directly: n 1 s • • • • 2 R 2 , n 1 s 2 L n is the number of samples s is the sample’s standard deviation Χ2r is the right-hand critical value Χ2l is the left-hand critical value 2 Flow Sample Variance (s2) Sample size (n) Interval estimate Degrees of freedom Chi-squared table (A-4) Critical values 2 r 2 L Degree of confidence Distribution boundaries For example • A random sample of 25 students has a mean math SAT score of 560 with a standard deviation of 50 points. What is 90% confidence interval for the population standard deviation? • Degrees of freedom: • Degree of confidence: • Left boundary: • Left-hand critical value • Right boundary: • Right-hand critical value Live example • A random sample of 60 cars has a mean gas mileage of 22 MPG with a standard deviation of 6 MPG points. What is 95% confidence interval for the population standard deviation? • Degrees of freedom: • Degree of confidence: • Left boundary: • Left-hand critical value • Right boundary: • Right-hand critical value Your turn • A random sample of 80 bowlers has a mean score of 145 with a standard deviation of 45 pins. What is 95% confidence interval for the population standard deviation? Homework • 1. 2. 3. 4. Find the critical values for the following values: 95%, n = 30 95%, n = 7 99%, n = 50 90%, n = 70 • 5. 6. 7. 8. Find the following confidence intervals for standard deviation 95% confidence, n = 15, xbar = 496, s = 108 99% confidence, n = 12, xbar = $97,334, s = $17,747 90% confidence, n = 25, xbar = 104, s = 12 99% confidence, n = 27, xbar = 78.8, s = 12.2 More Homework • 9. 10. • 11. 12. 15 students have cars with a mean worth of $9,500 (s = $2,100) and mean mileage of 27.5 MPG (s = 6.9). Find the interval estimate for value standard deviation Find the interval estimate for MPG standard deviation 8 seniors have an mean GPA of 3.6 (s = 1) and a mean number of college acceptances of 5.5 (s = 2.2). Find the interval estimate for GPA standard deviation Find the interval estimate for acceptances standard deviation