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Chapter 9 Estimation Using a Single Sample 9.1: Point Estimation A point estimate of a population characteristic is a single number that is based on sample data and represents a plausible value of the characteristic. Could be mean, trimmed mean, median, max, min, whatever… Example A sample of 200 students at a large university is selected to estimate the proportion of students that wear contact lens. In this sample 47 wore contact lens. Let π = the true proportion of all students at this university who wear contact lens. Consider “success” being a student who wears contact lens. Example Example Bias A statistic with mean value equal to the value of the population characteristic being estimated is said to be an unbiased statistic. A statistic that is not unbiased is said to be biased. Criteria Given a choice between several unbiased statistics that could be used for estimating a population characteristic, the best statistic to use is the one with the smallest standard deviation. 9.2: Large-sample Confidence Interval for a Population Proportion A confidence interval for a population characteristic is an interval of plausible values for the characteristic. It is constructed so that, with a chosen degree of confidence, the value of the characteristic will be captured inside the interval. Confidence Level The confidence level associated with a confidence interval estimate is the success rate of the method used to construct the interval. Most say it is the confidence of a mean being within the range of the max-min of CI, but this is not correct. Recall Some considerations Some considerations The 95% Confidence Interval Example For a project, a student randomly sampled 182 other students at a large university to determine if the majority of students were in favor of a proposal to build a field house. He found that 75 were in favor of the proposal. Let π = the true proportion of students that favor the proposal. Example - continued The General Confidence Interval Finding a z Critical Value Finding a z critical value for a 98% CI. Finding a z Critical Value Finding a z critical value for a CI value other than those typically used (e.g. 75%). 1 – 0.75 = 0.25 Take ½ because 2 tails, => 0.125 1.0 - 0.125 = 0.8750 Look up the z score for the cumulative area for 0.8750 in the body of the table we find 0.8749 = z of approximately 1.15 Some Common Critical Values Terminology Terminology Sample Size Sample Size Calculation Example If a TV executive would like to find a 95% confidence interval estimate within 0.03 for the proportion of all households that watch Lost regularly. How large a sample is needed if a prior estimate for π was 0.15. Sample Size Calculation Example revisited Suppose a TV executive would like to find a 95% confidence interval estimate within 0.03 for the proportion of all households that watch Lost regularly. How large a sample is needed if we have no reasonable prior estimate for π. Another Example A college professor wants to estimate the proportion of students at a large university who favor building a field house with a 99% confidence interval accurate to 0.02. If one of his students performed a preliminary study and estimated π to be 0.412, how large a sample should he take. 9.3: CI for μ One-Sample z Confidence Interval for μ One-Sample z Confidence Interval for μ Example Example I (continued) Unknown σ - Small Size Samples [All Size Samples] t Distributions t Distributions t Distributions t Distributions Notice: As df increase, t distributions approach the standard normal distribution. One-Sample t Procedures Confidence Interval Example Ten randomly selected shut-ins were each asked to list how many hours of television they watched per week. The results are 82 66 90 84 75 88 80 94 110 91 Find a 90% confidence interval estimate for the true mean number of hours of television watched per week by shut-ins. Confidence Interval Example Sample Size The sample size required to estimate a population mean μ to within an amount B with 95% confidence is: n = (1.96σ/B)2 The value of σ may be estimated by prior information, or for a population that is not to skewed, by using (range)/4. Again, round the result up to the nearest integer. Confidence Interval Example Confidence Interval Example 9.4: Communicating & Interpreting the Results of Stats Analysis We calculated a 90% CI related to students owning a computer & got (.36, .58) Interpretation of interval: We can be 90% confident that between 36%-58% of the students at this university own a computer Interpretation of confidence level: We used a method to produce this estimate that is successful in capturing the actual population % 90% of the time Ways you might see in literature: CI, estimate +- bound on error, estimate +- standard error Estimate +- bound on error often called “Margin of error” in media Communicating & Interpreting the Results of Stats Analysis cont. Caution: • Be leery of point estimates that don’t include a bound error or some other measure of accuracy • A CI that is wide we don’t have precise info on the population. Be leery of precise point estimates if the interval is wide. • I am quite confident that 99% of my students will have a class average between 20% & 100%. High accuracy, but the range is so wide that it doesn’t tell me anything about the actual class average. • Accuracy depends on sample size, not population size. It is sample size “n” that is used in the equations, not population size. Also, n is in the denominator of the equations, so the bounds decrease (tighten up) as the sample size increases. • All the calculations in this chapter are based on normal populations, so you must do the checks for normalcy to use them.