Confidence Interval (Practice)

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Mathematics
•
University
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Hard
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1.
FLASHCARD QUESTION
Front
What is a confidence interval?
Back
A confidence interval is a range of values, derived from a data set, that is likely to contain the value of an unknown population parameter, with a certain level of confidence.
Tags
CCSS.HSS.IC.B.4
2.
FLASHCARD QUESTION
Front
What does the point estimator represent in a confidence interval?
Back
The point estimator is a single value estimate of a population parameter, typically the sample mean, which serves as the center of the confidence interval.
Tags
CCSS.HSS.IC.B.4
3.
FLASHCARD QUESTION
Front
How do you calculate the margin of error for a confidence interval?
Back
The margin of error is calculated by multiplying the critical value (z or t) by the standard error of the sample.
Tags
CCSS.HSS.IC.B.4
4.
FLASHCARD QUESTION
Front
What is the formula for calculating degrees of freedom in a sample?
Back
Degrees of freedom (df) is calculated as n - 1, where n is the sample size.
5.
FLASHCARD QUESTION
Front
What effect does increasing the sample size have on the confidence interval?
Back
Increasing the sample size generally results in a narrower confidence interval, as it reduces the standard error.
6.
FLASHCARD QUESTION
Front
What is the relationship between confidence level and the width of a confidence interval?
Back
As the confidence level increases, the width of the confidence interval also increases, making it less precise.
Tags
CCSS.HSS.IC.B.4
7.
FLASHCARD QUESTION
Front
How do you interpret a 99% confidence interval?
Back
A 99% confidence interval means that if we were to take many samples and build a confidence interval from each sample, approximately 99% of those intervals would contain the true population parameter.
Tags
CCSS.HSS.IC.B.4
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