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correl analysis
stats and proba
8 cards
Cards (27)
central theorem
Random sample of size n are
drawn
from a
population
= n (becomes
larger
)
n =
increases
(spread of the distributions
decreases
)
n ≥
30
=
normality
of the sampling distribution
of sample mean
name of symbols
A)
sample mean
B)
population mean
C)
population standard deviation
D)
sample size
4
basic steps in problem solving Step 1:
identify
the
given
➢ Step 2:
what
is
asked
➢ Step 3:
formula
to be
used
➢ Step 4:
solution
with
final
answer
hypothesis testing
Supposition
or
proposed explanation
➢ Made on the
basis
of
limited evidence
➢
Starting point
for further investigation
➢
Evaluating claims
➢ If one is
true
, then the other must be
false
2 TYPES OF HYPOTHESES
NULL
HYPOTHESIS (
H0
)
➢
No difference
➢ =, ≤, ≥
ALTERNATIVE
HYPOTHESIS (
H1
)
➢
Difference
➢ ≠, >, <
Null
hypothesis
= no change (=, ≤, ≥)
2.
Parameter
= population values (μ)
3.
Null
and
alternative
hypotheses =
complementary and must not overlap
2 TYPES OF
ALTERNATIVE
HYPOTHESIS
NON-DIRECTIONAL
(TWO-TAILED TEST)
➢ Probability is found on
both tails
➢ ≠
➢ Two-tailed test
DIRECTIONAL
(ONE-TAILED, LEFT TAIL)
➢ Probability is found at the
left tail
➢ > or <
➢
Left-Tailed
:
Decrease
, less than, smaller and the
like
➢ Right-tailed: Greater, efficient, improves,
effective,
increases
REJECTION
REGION
➢ Also known as
critical
region
➢ Set of all values of the test statistics
➢
Causes
us
to
reject
the
null
hypothesis
THE
NON-REJECTION
REGION
➢
Acceptance
region
➢ Set of all values of the test statistics
➢
Fail
to
reject
the
null hypothesis
THE
CRITICAL
VALUE
➢
Point boundary
➢
Test distribution
that is compared
➢ Determine if the
null
hypothesis
would be
rejected
SIGNIFICANCE
VALUE
➢ Also known as
alpha
or α
➢ Measure of the
strength
of the evidence in
sample
➢
Effect
= statistically significant
n ≥ = considered
sufficiently large
➢ se z test = replacing the
population standard
deviation
(σ) by
sample standard deviation
(s)in
the
formula
ASSUMPTION
➢ Assumed to be unknown and n is the
t-test
for a
single mean
T-TEST
FORMULA
➢ Population
variance
is assumed to be
unknown
and n
DEGREE OF
FREEDOM
➢ Measure of how many values can
vary
in sample
statistics
See all 27 cards
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