Confidence Intervals Objectives: Students should know how to calculate a standard error, given a sample mean, standard deviation, and sample size Students.

Slides:



Advertisements
Similar presentations
Confidence Intervals Chapter 19. Rate your confidence Name Mr. Holloways age within 10 years? within 5 years? within 1 year? Shooting a basketball.
Advertisements

SADC Course in Statistics Further ideas concerning confidence intervals (Session 06)
Populations & Samples Objectives:
Estimating a Population Mean When σ is Known: The One – Sample z Interval For a Population Mean Target Goal: I can reduce the margin of error. I can construct.
Confidence Intervals with Proportions
CHAPTER 14: Confidence Intervals: The Basics
Proportions. A question has 4 possible answers, only one which is correct. You randomly guess the correct answer. With 20 such questions, the distribution.
Chapter 8 Estimating with Confidence
Parameter Estimation Chapter 8 Homework: 1-7, 9, 10 Focus: when  is known (use z table)
Sampling: Final and Initial Sample Size Determination
Review Find the mean square (MS) based on these two samples. A.26.1 B.32.7 C.43.6 D.65.3 E M A = 14 M B = Flood.
CONFIDENCE INTERVALS n point estimate: estimate exact value – precise – likely to be wrong n interval estimate: range of values – less precise – less.
Business Statistics - QBM117 Selecting the sample size.
Parameter Estimation Chapter 8 Homework: 1-7, 9, 10.
PSY 307 – Statistics for the Behavioral Sciences
Statistical Concepts (continued) Concepts to cover or review today: –Population parameter –Sample statistics –Mean –Standard deviation –Coefficient of.
PSY 1950 Confidence and Power December, Requisite Quote “The picturing of data allows us to be sensitive not only to the multiple hypotheses that.
Sample Size I: 1 Sample Size Determination In the Context of Estimation.
Fall 2006 – Fundamentals of Business Statistics 1 Business Statistics: A Decision-Making Approach 6 th Edition Chapter 7 Estimating Population Values.
CONFIDENCE INTERVALS What is the Purpose of a Confidence Interval?
Chapter 7 Estimating Population Values
QM-1/2011/Estimation Page 1 Quantitative Methods Estimation.
Standard error of estimate & Confidence interval.
Leon-Guerrero and Frankfort-Nachmias,
© 2010 Pearson Prentice Hall. All rights reserved Chapter Estimating the Value of a Parameter Using Confidence Intervals 9.
Chapter 7 Estimation: Single Population
Confidence Intervals Nancy D. Barker, M.S.. Statistical Inference.
Estimation Statistics with Confidence. Estimation Before we collect our sample, we know:  -3z -2z -1z 0z 1z 2z 3z Repeated sampling sample means would.
Chapter 11: Estimation Estimation Defined Confidence Levels
Sampling and Confidence Interval
Basic Business Statistics, 11e © 2009 Prentice-Hall, Inc. Chap 8-1 Confidence Interval Estimation.
Statistical Fundamentals: Using Microsoft Excel for Univariate and Bivariate Analysis Alfred P. Rovai Estimation PowerPoint Prepared by Alfred P. Rovai.
1 Estimation From Sample Data Chapter 08. Chapter 8 - Learning Objectives Explain the difference between a point and an interval estimate. Construct and.
Sampling and Confidence Interval Kenneth Kwan Ho Chui, PhD, MPH Department of Public Health and Community Medicine
Copyright © 2012 by Nelson Education Limited. Chapter 6 Estimation Procedures 6-1.
Confidence Interval Estimation for a Population Proportion Lecture 31 Section 9.4 Wed, Nov 17, 2004.
Sampling Error.  When we take a sample, our results will not exactly equal the correct results for the whole population. That is, our results will be.
2 Accuracy and Precision Accuracy How close a measurement is to the actual or “true value” high accuracy true value low accuracy true value 3.
BPS - 3rd Ed. Chapter 131 Confidence Intervals: The Basics.
Statistical Fundamentals: Using Microsoft Excel for Univariate and Bivariate Analysis Alfred P. Rovai Estimation PowerPoint Prepared by Alfred P. Rovai.
Business Statistics: A Decision-Making Approach, 6e © 2005 Prentice-Hall, Inc. Chap 7-1 4th Lesson Estimating Population Values part 2.
LECTURE 25 THURSDAY, 19 NOVEMBER STA291 Fall
Introduction to Inference: Confidence Intervals and Hypothesis Testing Presentation 8 First Part.
Introduction to Inference: Confidence Intervals and Hypothesis Testing Presentation 4 First Part.
Estimating a Population Mean
Sampling distributions rule of thumb…. Some important points about sample distributions… If we obtain a sample that meets the rules of thumb, then…
© 2008 McGraw-Hill Higher Education The Statistical Imagination Chapter 8. Parameter Estimation Using Confidence Intervals.
Business Statistics: A Decision-Making Approach, 6e © 2005 Prentice-Hall, Inc. Chap 7-1 Business Statistics: A Decision-Making Approach 6 th Edition Chapter.
Section 9.2: Large-Sample Confidence Interval for a Population Proportion.
1 Probability and Statistics Confidence Intervals.
9-1 ESTIMATION Session Factors Affecting Confidence Interval Estimates The factors that determine the width of a confidence interval are: 1.The.
ESTIMATION OF THE MEAN. 2 INTRO :: ESTIMATION Definition The assignment of plausible value(s) to a population parameter based on a value of a sample statistic.
1 STAT 500 – Statistics for Managers STAT 500 Statistics for Managers.
Confidence Intervals Dr. Amjad El-Shanti MD, PMH,Dr PH University of Palestine 2016.
Dr.Theingi Community Medicine
Statistics for Business and Economics 7 th Edition Chapter 7 Estimation: Single Population Copyright © 2010 Pearson Education, Inc. Publishing as Prentice.
CHAPTER 6: SAMPLING, SAMPLING DISTRIBUTIONS, AND ESTIMATION Leon-Guerrero and Frankfort-Nachmias, Essentials of Statistics for a Diverse Society.
CHAPTER 8 Estimating with Confidence
ESTIMATION.
Effect Size 10/15.
CHAPTER 8 Estimating with Confidence
Effect Size.
Bootstrap Confidence Intervals using Percentiles
Introduction to Inference

Using Statistics in Biology
Using Statistics in Biology
Estimating the Value of a Parameter Using Confidence Intervals
Confidence Intervals with Proportions
Confidence Intervals Usually set at 95 % What does that mean ?
Presentation transcript:

Confidence Intervals Objectives: Students should know how to calculate a standard error, given a sample mean, standard deviation, and sample size Students should know what a confidence interval is, and its purpose Students should be able to construct and interpret 90%, 95%, and 99% confidence intervals, and know how they compare to each other Students should know how changes in variability and/or changes in sample size affect the width of a confidence interval

Confidence Intervals How precisely does the sample statistic estimate the population parameter ? To illustrate the calculation and interpretation of confidence intervals we’ll use the HR data from our previous sample of 84 adults: The sample mean HR was 74.0 bpm The sample standard deviation was 7.5 bpm

Calculating Confidence Intervals What are the 90, 95, and 99% confidence intervals for our sample estimate of the true population heart rate? 90% CI: 74.0 ± 1.645(0.8) = 74.0 ± 1.3 = 72.7, % CI: 74.0 ± 1.960(0.8) = 74.0 ± 1.6 = 72.4, % CI: 74.0 ± 2.575(0.8) = 74.0 ± 2.1 = 71.9, 76.1

Confidence Interval Example 90% CI: 74.0 ± 1.645(0.8) = 74.0 ± 1.3 = 72.7, 75.3 We can be 90% confident that the true population heart rate is between 72.7 and 75.3 bpm 95% CI: 74.0 ± 1.960(0.8) = 74.0 ± 1.6 = 72.4, 75.6 We can be 95% confident that the true population heart rate is between 72.4 and 75.6 bpm 99% CI: 74.0 ± 2.575(0.8) = 74.0 ± 2.1 = 71.9, 76.1 We can be 90% confident that the true population heart rate is between 71.9 and 76.1 bpm As we increase the level of confidence, the interval widens because the larger the range between the lower and upper bounds, the more confident we can be that the interval contains the true mean.

Factors Affecting Width of a Confidence Interval Factors that determine the size of a standard error and therefore the width of a confidence interval: 1.The amount of variability in the sample: The greater the variability (for sample means, the larger the standard deviation), the wider the confidence interval. As sd increases, SE increases : When the variability among subjects in a sample is large, the variability among the means of repeated samples will also be large

Factors Affecting Width of a Confidence Interval Factors that determine the size of a standard error and therefore the width of a confidence interval: 2.The sample size : The greater the sample size, the more narrow the confidence interval. As sample size increases, SE decreases: As more individuals in the population are sampled, the estimate of the population parameter will become more precise

Sample Size and Confidence Intervals For the HR example: In our sample of 84 adults, we can be 95% confident that the that the true population heart rate is between 72.4 and 75.6 bpm If we increase our sample size to 500 adults, we can be 95% confident that the true population heart rate is between and bpm 95% CI: 74.0 ± 1.960(0.335) = 74.0 ± = 73.34,

Confidence vs Precision The level of confidence reflects the uncertainty/variability inherent in sampling. More variability in the sample means that the standard deviation will be larger and therefore, the interval will be wider. This is not the same as increasing or decreasing your level of confidence. More variability in the sample means less accuracy that the sample statistic will accurately reflect the true population parameter (less precision) The wider the confidence interval, the lower the precision. Larger sample size = lower standard error = narrower CI (less variability)

Confidence Intervals in Medical Research Confidence intervals (usually 95%) around sample means are commonly reported in published medical research. Other sample statistics that are commonly reported with confidence intervals include: difference between 2 means proportions differences between 2 proportions correlations relative risks odds ratios