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Published byMadeleine Miller Modified over 9 years ago
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INFERENCE Farrokh Alemi Ph.D.
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Point Estimates
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Point Estimates Vary
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Standard Error of Observations
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Standard Error of Sample Mean
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Confidence Interval
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Mean of the Population
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Confidence Interval
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Approximate Percent of Observations
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Near Normal Distribution
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Percent of Observations
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All Roads End in Normal
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95% Confidence Interval
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Mean of Sample Observations
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Z Parameter
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Standard Error of Mean
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Margin of Error
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We are XX% confident that the population parameter is between... Interpretation of Interval
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Confidence Interval provides a range of values that contain the true mean x% of time Take Home Lesson
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What is the 95% confidence interval for mean of a sample with following 4 observations: 50, 55, 50 and 40. What assumptions you have made. Do One
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