Chapter 6 Confidence Intervals.

Slides:



Advertisements
Similar presentations
Chapter 6 Confidence Intervals.
Advertisements

Sections 7-1 and 7-2 Review and Preview and Estimating a Population Proportion.
Sampling: Final and Initial Sample Size Determination
Confidence Interval Estimation
1 Pertemuan 07 Pendugaan Selang Parameter Matakuliah:A0392-Statistik Ekonomi Tahun: 2006.
Chapter 6 Confidence Intervals.
© 2004 Prentice-Hall, Inc.Chap 8-1 Basic Business Statistics (9 th Edition) Chapter 8 Confidence Interval Estimation.
6.3 Confidence Intervals for Population Proportions
Confidence Intervals for the Mean (σ Unknown) (Small Samples)
Confidence Intervals Chapter 6. § 6.1 Confidence Intervals for the Mean (Large Samples)
Chapter 6 Confidence Intervals.
Chapter 6 Confidence Intervals 1 Larson/Farber 4th ed.
6 Chapter Confidence Intervals © 2012 Pearson Education, Inc.
Confidence Intervals (Chapter 8) Confidence Intervals for numerical data: –Standard deviation known –Standard deviation unknown Confidence Intervals for.
6 Chapter Confidence Intervals © 2012 Pearson Education, Inc.
1 Chapter 6. Section 6-1 and 6-2. Triola, Elementary Statistics, Eighth Edition. Copyright Addison Wesley Longman M ARIO F. T RIOLA E IGHTH E DITION.
Chapter 7 Estimation. Section 7.3 Estimating p in the Binomial Distribution.
Confidence Intervals Chapter 6. § 6.1 Confidence Intervals for the Mean (Large Samples)
Confidence Intervals 1 Chapter 6. Chapter Outline Confidence Intervals for the Mean (Large Samples) 6.2 Confidence Intervals for the Mean (Small.
Section 6.3 Confidence Intervals for Population Proportions Larson/Farber 4th ed.
Confidence Intervals for the Mean (Large Samples) Larson/Farber 4th ed 1 Section 6.1.
Confidence Intervals Review
Confidence Intervals for the Mean (σ known) (Large Samples)
8 Chapter Estimation © 2012 Pearson Education, Inc.
Confidence Intervals for Population Proportions
Confidence Intervals for Population Proportions
Estimation Chapter 8. Estimating µ When σ Is Known.
Unit 6 Confidence Intervals If you arrive late (or leave early) please do not announce it to everyone as we get side tracked, instead send me an .
Sections 7-1 and 7-2 Review and Preview and Estimating a Population Proportion.
Section 6.3 Confidence Intervals for Population Proportions Larson/Farber 4th ed1.
Copyright © 2015, 2012, and 2009 Pearson Education, Inc. 1 Section 6.1 Confidence Intervals for the Mean (  Known)
Section 6-3 Estimating a Population Mean: σ Known.
Section 6.1 Confidence Intervals for the Mean (Large Samples) Larson/Farber 4th ed.
Confidence Intervals Chapter 6. § 6.3 Confidence Intervals for Population Proportions.
Confidence Intervals Chapter 6. § 6.1 Confidence Intervals for the Mean (Large Samples)
Copyright © 2015, 2012, and 2009 Pearson Education, Inc. 1 Section 6.2 Confidence Intervals for the Mean (  Unknown)
Section 6.2 Confidence Intervals for the Mean (Small Samples) Larson/Farber 4th ed.
Chapter Estimation 1 of 83 8 © 2012 Pearson Education, Inc. All rights reserved.
Chapter Outline 6.1 Confidence Intervals for the Mean (Large Samples) 6.2 Confidence Intervals for the Mean (Small Samples) 6.3 Confidence Intervals for.
10.1 – Estimating with Confidence. Recall: The Law of Large Numbers says the sample mean from a large SRS will be close to the unknown population mean.
Copyright © 2015, 2012, and 2009 Pearson Education, Inc. 1 Chapter Confidence Intervals 6.
Section 6.3 Confidence Intervals for Population Proportions © 2012 Pearson Education, Inc. All rights reserved. 1 of 83.
Chapter 6 Test Review z area ararea ea
Chapter Confidence Intervals 1 of 31 6  2012 Pearson Education, Inc. All rights reserved.
Section 6.2 Confidence Intervals for the Mean (Small Samples) © 2012 Pearson Education, Inc. All rights reserved. 1 of 83.
Chapter 6 Confidence Intervals 1 Larson/Farber 4th ed.
Section 6.1 Confidence Intervals for the Mean (Large Samples) © 2012 Pearson Education, Inc. All rights reserved. 1 of 83.
Inference: Conclusion with Confidence
CHAPTER 8 Estimating with Confidence
Chapter Eight Estimation.
Chapter 6 Confidence Intervals.
Estimating Population Means (Large Samples)
Chapter 6 Confidence Intervals.
6.3 Confidence Intervals for Population Proportions
Section 6-3 –Confidence Intervals for Population Proportions
Elementary Statistics: Picturing The World
Introduction to Inference
Estimating a Population Proportion
Elementary Statistics: Picturing The World
Chapter 6 Confidence Intervals.
Chapter 6 Confidence Intervals.
Chapter 6 Confidence Intervals.
Section 3: Estimating p in a binomial distribution
Confidence Intervals with Proportions
Lecture Slides Elementary Statistics Twelfth Edition
Estimating a Population Mean:  Known
Confidence Intervals for the Mean (Large Samples)
Chapter 6 Confidence Intervals.
Chapter 6 Confidence Intervals.
Presentation transcript:

Chapter 6 Confidence Intervals

Chapter Outline 6.1 Confidence Intervals for the Mean ( Known) 6.2 Confidence Intervals for the Mean ( Unknown) 6.3 Confidence Intervals for Population Proportions 6.4 Confidence Intervals for Variance and Standard Deviation .

Confidence Intervals for Population Proportions Section 6.3 Confidence Intervals for Population Proportions .

Section 6.3 Objectives How to find a point estimate for the population proportion How to construct and interpret confidence intervals for a population proportion How to determine the minimum sample size required when estimating a population proportion .

Point Estimate for Population p Population Proportion The probability of success in a single trial of a binomial experiment. Denoted by p Point Estimate for p The population proportion of successes in a sample. Denoted by read as “p hat” .

Point Estimate for Population p Estimate Population Parameter… with Sample Statistic Proportion: p Point Estimate for q, the proportion of failures Denoted by Read as “q hat” .

Example: Point Estimate for p In a survey of 1000 U.S. adults, 662 said that it is acceptable to check personal e-mail while at work. Find a point estimate for the population proportion of U.S. adults who say it is acceptable to check personal e-mail while at work. (Adapted from Liberty Mutual) Solution: n = 1000 and x = 662 .

Confidence Intervals for p A c-confidence interval for the population proportion p The probability that the confidence interval contains p is c, assuming that the estimation process is repeated a large number of times. .

Constructing Confidence Intervals for p In Words In Symbols Identify the sample statistics n and x. Find the point estimate Verify that the sampling distribution of can be approximated by the normal distribution. Find the critical value zc that corresponds to the given level of confidence c. Use Table 4 .

Constructing Confidence Intervals for p In Words In Symbols Find the margin of error E. Find the left and right endpoints and form the confidence interval. Left endpoint: Right endpoint: Interval: .

Example: Confidence Interval for p In a survey of 1000 U.S. adults, 662 said that it is acceptable to check personal e-mail while at work. Construct a 95% confidence interval for the population proportion of adults in the U.S. adults who say that it is acceptable to check personal e-mail while at work. Solution: Recall .

Solution: Confidence Interval for p Verify the sampling distribution of can be approximated by the normal distribution Margin of error: .

Solution: Confidence Interval for p Left Endpoint: Right Endpoint: 0.633 < p < 0.691 .

Solution: Confidence Interval for p Point estimate With 95% confidence, you can say that the population proportion of U.S. adults who say that it is acceptable to check personal e-mail while at work is between 63.3% and 69.1%. .

Determining a Minimum Sample Size Given a c-confidence level and a margin of error E, the minimum sample size n needed to estimate p is This formula assumes you have an estimate for and . If not, use and .

Example: Sample Size You are running a political campaign and wish to estimate, with 95% confidence, the proportion of registered voters who will vote for your candidate. Your estimate must be accurate within 3% of the true population. Find the minimum sample size needed if no preliminary estimate is available. Solution: Because you do not have a preliminary estimate for use and .

Solution: Determining a Minimum Sample Size c = 0.95 zc = 1.96 E = 0.03 Round up to the nearest whole number. With no preliminary estimate, the minimum sample size should be at least 1068 voters. .

Example: Determining a Minimum Sample Size You are running a political campaign and wish to estimate, with 95% confidence, the proportion of registered voters who will vote for your candidate. Your estimate must be accurate within 3% of the true population. Find the minimum sample size needed if a preliminary estimate gives . Solution: Use the preliminary estimate .

Solution: Determining a Minimum Sample Size c = 0.95 zc = 1.96 E = 0.03 Round up to the nearest whole number. With a preliminary estimate of , the minimum sample size should be at least 914 voters. Need a larger sample size if no preliminary estimate is available. .

Section 6.3 Summary Found a point estimate for the population proportion Constructed a confidence interval for a population proportion Determined the minimum sample size required when estimating a population proportion .