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STAT110
Lecture #5 - 9/6
| Question | Answer |
|---|---|
| number that describes the population; fixed number | parameter |
| number that describes the sample | statistic |
| sample size / total sample | p̂ (population proportion) |
| consistently off in one direction or the other; can use random sample to reduce | bias |
| how spread out the values of the sample statistic are; amount of scattering | variablity |
| "plus or minus 3 percentage points"; using sample proportion from SRS of size n to estimate unknown population parameter | margin of error: 1/√n |
| the percent of all possible samples that satisfy the MOE; applies to population not the sample | confidence statement |