Week 6 Lecture Statistics For Decision Making

Slides:



Advertisements
Similar presentations
Confidence Intervals and the Missing Link. Youve taught students the normal curve and the central limit theorem, but they just dont get confidence intervals.
Advertisements

1 The Normal Distribution and Microsoft Excel. 2 Say a company has developed a new tire for cars. In testing the tire it has been determined the distribution.
Normal Probability Distributions
Sampling Distributions (§ )
Chapter 6 Introduction to Continuous Probability Distributions
Measures of Dispersion
Ch 11 – Probability & Statistics
Density Curve A density curve is the graph of a continuous probability distribution. It must satisfy the following properties: 1. The total area.
LSP 121 Normal Distributions.
Objective To understand measures of central tendency and use them to analyze data.
In this chapter, we will look at using the standard deviation as a measuring stick and some properties of data sets that are normally distributed.
Intro to LSP 121 Normal Distributions LSP 121. Welcome to LSP 121 Quantitative Reasoning and Technological Literacy II Continuation of concepts from LSP.
Many times in statistical analysis, we do not know the TRUE mean of a population of interest. This is why we use sampling to be able to generalize the.
Dan Piett STAT West Virginia University
Many times in statistical analysis, we do not know the TRUE mean of a population of interest. This is why we use sampling to be able to generalize the.
Chapter 12 – Probability and Statistics 12.7 – The Normal Distribution.
Normal Probability Distributions Chapter 5. § 5.1 Introduction to Normal Distributions and the Standard Distribution.
Sample Variability Consider the small population of integers {0, 2, 4, 6, 8} It is clear that the mean, μ = 4. Suppose we did not know the population mean.
Review Normal Distributions –Draw a picture. –Convert to standard normal (if necessary) –Use the binomial tables to look up the value. –In the case of.
MATH 110 Sec 14-4 Lecture: The Normal Distribution The normal distribution describes many real-life data sets.
CHAPTER 13 DETERMINING THE SIZE OF A SAMPLE. Important Topics of This Chapter Different Methods of Determining Sample size. Standard Normal Distribution.
INFERENTIAL STATISTICS DOING STATS WITH CONFIDENCE.
m/sampling_dist/index.html.
Chapter 14 Statistics and Data Analysis. Data Analysis Chart Types Frequency Distribution.
Statistics Unit Check your understanding…. Can you answer these? What does the standard deviation of a sample represent? What is the difference between.
Reasoning in Psychology Using Statistics Psychology
Statistics 11/7/ Statistics: Normal Curve CSCE 115.
11/7/ Statistics: Normal Curve CSCE /7/ Normal distribution The bell shaped curve The bell shaped curve Many physical quantities are.
Section 2.1 Visualizing Distributions: Shape, Center, and Spread.
Inference about a Population Mean
Freshman Engineering Clinic II
Normal Distribution ••••••••••••••••••••••••••••••••••
Normal Probability Distributions Chapter 5. § 5.1 Introduction to Normal Distributions and the Standard Distribution.
Statistical Inference
Normal Probability Distributions
Normal distribution GrowingKnowing.com © 2012
Normal Probabilities Find the probability P(x ≤ x0), where x is a normally distributed random variable Click Insert Function (fx) Select Statistical as.
Normal Probability Distributions
Statistics Notes 01/09/2017 Notes on explicitly writing out data
EMPA Statistical Analysis
Properties of the Normal Distribution
The Normal Distribution
Z-scores & Shifting Data
Stat 100 Chapter 8, 1-3, 6-10 Read Chapter 9.
Chapter 12 Statistics 2012 Pearson Education, Inc.

Quantitative Methods PSY302 Quiz Normal Curve Review February 7, 2018
Elementary Statistics: Picturing The World
Do Now 1. If my z-score is 2.78, what is my percentile?
2) Using the data in the table above, compute the sample mean.
Statistics Normal Probability
Sections 5-1 and 5-2 Quiz Review Warm-Up
Year-3 The standard deviation plus or minus 3 for 99.2% for year three will cover a standard deviation from to To calculate the normal.
Week 3 Lecture Statistics For Decision Making
The Standard Normal Distribution
Evaluation and Assessment of the Individual: Week 2 Discussion
Stat 501 Spring 2004 Go through intro doc Homework 1:
Normal Probability Distributions
7-7 Statistics The Normal Curve.
AGENDA: DG minutes Begin Part 2 Unit 1 Lesson 11.
Lecture 12: Normal Distribution
Sampling Distributions (§ )
Practice As part of a program to reducing smoking, a national organization ran an advertising campaign to convince people to quit or reduce their smoking.
8.3 Estimating a Population Mean
Section 9.5 The Bell Curve.
Stats: Modeling the World
Standard Scores and The Normal Curve
Density Curves Normal Distribution Area under the curve
Chapter 12 Statistics.
Presentation transcript:

Week 6 Lecture Statistics For Decision Making B Heard Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab There are four parts to the lab this week: Part 1: Normal Distributions and Birth Weights in America Part 2: Central Limit Theorem and Age Distributions in the United States Part 3: Finding z and t scores for Confidence Intervals Part 4: Bob’s Candies (Using Confidence Intervals to decide a course of action) Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Part 1………. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Birth Weights in America, Page 245 Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Birth Weights in America, Number 1, part a You can see that the graph has a mean of less than 7.5, so the 37 to 39 Weeks Gestation period is the obvious choice. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Birth Weights in America, Number 2, part b We will identify the mean birth weight and standard deviation for the 32 to 35 week gestation period for this problem. The mean is 5.73 lbs and the standard deviation is 1.48 lb. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Birth Weights in America, Number 2, part b continued Using the NORMDIST function with the point in question, the mean, the standard deviation, and the cumulative value “TRUE” gives the percent of babies under 5.5 lbs. The distribution “fills” from left to right. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Birth Weights in America, Number 3, part b We will identify the mean birth weight and standard deviation for the over 42 weeks gestation period for this problem. The mean is 7.65 lbs and the standard deviation is 1.12 lb. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Birth Weights in America, Number 3, part b continued Using the NORMINV function with the .9 (left to right) to find the point at which 90% of the values are below and 10% above, the mean, and the standard deviation. The distribution “fills” from left to right. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Birth Weights in America, Number 4, part b We will identify the mean birth weight and standard deviation for the 37 to 39 week gestation period for this problem. The mean is 7.33 lbs and the standard deviation is 1.09 lb. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Birth Weights in America, Number 4, part b continued Using the NORMDIST function with the points in question, I subtracted the value for 6 from the value for 9. This was .9373 - .1112 which equals our answer .8261 Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Birth Weights in America, Number 5, part b We will identify the mean birth weight and standard deviation for the 32 to 35 week gestation period for this problem. The mean is 5.73 lbs and the standard deviation is 1.48 lb. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Birth Weights in America, Number 5, part b continued Using the NORMDIST function with the point in question, the mean, the standard deviation, and the cumulative value “TRUE” gives the percent of babies under 3.3 lbs. The distribution “fills” from left to right. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Part 2………. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Age Distribution in the United States, Page 277 Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Age Distribution in the United States, Number 1 The answer for number 1 is given to us. Make sure you see how it was calculated. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Age Distribution in the United States, Number 2 You will be finding the mean or average for the sample means in number 2. Use the Sample Means given in the lab’s Excel file. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Age Distribution in the United States, Number 3 Does this look like a “Bell-Shaped” curve to you? Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Age Distribution in the United States, Number 4 On this one, use your same approach to creating a histogram that you did in a previous lab. You will use the sample data, set up your classes, find the frequencies, then create your histogram. Does it look like a normal curve????? Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Age Distribution in the United States, Number 5 The answer for number 5 is given to us. Make sure you see how it was calculated. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Age Distribution in the United States, Number 6 You will be finding the standard deviation for the sample means in number 2. Use the Sample Means given in the lab’s Excel file and compare to the Central Limit Theorem in your book. What does the Central Limit Theorem say? Discuss how it applies here. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Part 3………. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Finding z and t scores, Part 3 Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Finding z and t scores, Number 1b Just input your value under Confidence level and the z-score is calculated for you! Make sure you look at the formula. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Finding z and t scores, Number 2b Just input your value under Confidence level and sample size and the t-score is calculated for you! Make sure you look at the formula. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Part 4………. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Bob’s Candies (Using Confidence Intervals…), Part 4 Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Bob’s Candies, Number 1 Use the “average” function and the “stdev” function in Excel to find the sample mean and sample standard deviation. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Bob’s Candies, Number 2 In answering this question, take a look at the sample size! Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Bob’s Candies, Number 3 Based on your answer for number 2, choose the appropriate values using the same Excel functions you used in Part 3 of the lab. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Bob’s Candies, Number 4 For 95% you would Use the formula E=Zc*(s/sqrt n), which =1.96*(6.205/6.325)=1.923 Then find your endpoints, the Left endpoint would be x-E=Mean -1.923=______ The Right endpoint would be x+E=Mean +1.923=____ So, you can be 95% confident that the true mean amount the citizens spend per year is between ____and ______. Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Bob’s Candies, Number 5 On this one I would take a look at say the 99% lower limit (left hand limit). Discuss this. You would do this the same way you did the previous question (Number 4). Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 6 Lab Bob’s Candies, Number 6 On this question, compare Bob’s results (his data) to the national average ($75 per person). Not to be used, posted, etc. without my expressed permission. B Heard

Not to be used, posted, etc. without my expressed permission. B Heard Week 3 Quiz S STAT CAVE See you next week: “Same Stat Time, Same Stat Channel” Not to be used, posted, etc. without my expressed permission. B Heard

I will post charts at: 4stats.wordpress.com