Interpreting Confidence Intervals

Flashcard
•
Mathematics
•
12th Grade
•
Easy
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15 questions
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1.
FLASHCARD QUESTION
Front
What is a confidence interval?
Back
A confidence interval is a range of values used to estimate the true value of a population parameter, calculated from a sample statistic.
Tags
CCSS.HSS.IC.B.4
2.
FLASHCARD QUESTION
Front
What does a 99% confidence level indicate?
Back
A 99% confidence level indicates that if we were to take many samples and construct confidence intervals, approximately 99% of those intervals would contain the true population parameter.
Tags
CCSS.HSS.IC.B.4
3.
FLASHCARD QUESTION
Front
What is the margin of error in a confidence interval?
Back
The margin of error is the range of values above and below the sample statistic in a confidence interval, reflecting the uncertainty in the estimate.
Tags
CCSS.HSS.IC.B.4
4.
FLASHCARD QUESTION
Front
How do you interpret a confidence interval of (0.45, 0.55) for a population proportion?
Back
We are 99% confident that the true population proportion lies between 0.45 and 0.55.
Tags
CCSS.HSS.IC.B.4
5.
FLASHCARD QUESTION
Front
What is the relationship between sample size and confidence intervals?
Back
As the sample size increases, the width of the confidence interval decreases, leading to a more precise estimate of the population parameter.
6.
FLASHCARD QUESTION
Front
What does it mean if a confidence interval does not include the value of a parameter?
Back
If a confidence interval does not include the value of a parameter, it suggests that the parameter is likely not equal to that value based on the sample data.
Tags
CCSS.HSS.IC.B.4
7.
FLASHCARD QUESTION
Front
What is the formula for calculating a confidence interval for a population mean?
Back
The formula is: CI = sample mean ± (critical value) * (standard deviation / √n), where n is the sample size.
Tags
CCSS.HSS.IC.B.4
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