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Chapter 5 Hypothesis Tests With Means of Samples Part 2: Sept. 9, 2014.

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Presentation on theme: "Chapter 5 Hypothesis Tests With Means of Samples Part 2: Sept. 9, 2014."— Presentation transcript:

1 Chapter 5 Hypothesis Tests With Means of Samples Part 2: Sept. 9, 2014

2 Estimating μ In estimating a population mean we have 2 options:
1) Point estimates give specific # Example: Accuracy of such a point estimate of the pop mean – ok, but not great Our sample may be unrepresentative, etc.

3 Estimating μ (cont.) 2) Interval estimates – provide range where you think pop mean may fall Ex) Given M=5.9 (which = μM), and std dev = .2 (which is σM), and assuming a normal curve… We’d expect 34% of pop means to fall b/w 5.9 & 6.1 (+1 SD) and another 34% b/w 5.9 & 5.7 (-1 SD) 68% between 5.7 and 6.1  consider this a 68% confidence interval What does that mean?

4 95% Confidence Intervals (analogous to alpha = .05)
But 68% confident not that great…more interest in 95% or 99% confidence. Standard to use 95% or 99% Use normal curve table & find z score cutoffs for .05 significance level, 2-tailed test: Change these to raw scores for our example Using x = z(σM) + M , what scores do you get? What is the final 95% confidence interval for this example and what does it mean?

5 99% Confidence Intervals (analogous to alpha = .01)
For 99% interval (2-tailed), find z score cutoffs in normal curve table: Change these to raw scores for our example x = z(σM) + M, what do you get? What is the 99% confidence interval here? What does it mean?

6 Confidence Intervals (CI)
Notice the wider interval for 99% compared to narrower interval for 95% Wider more likely you’re right and you include the actual mean in that interval

7 1 vs. 2 tailed estimates Also note that we can calculate CIs for 1-tailed tests: You will still calculate 2 scores to give a range of confidence. What changes is the relevant z score… 95% CI for ‘crashed’ example: Z score cutoff will be 1.64, so use conversion formula: X = Z(σM) + M and then x = -Z(σM) + M , so… Resulting 1-tailed 95% CI is… Narrower or wider interval than 2-tailed 95% CI?

8 Cutoff Scores for CI’s As a shortcut, you may memorize or refer to these cutoff scores when computing CI’s – these will never change! Cutoff scores most often used: For a 95% CI, 1-tailed = 1.64 and –1.64 95% CI, 2-tailed = 1.96 and –1.96 99% CI, 1-tailed = 2.33 and –2.33 99% CI, 2-tailed = 2.57 and –2.57


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