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      MAT123 Spring 2025 Notes


Mon, 4/14, 8.1
8.1 A Single Population Mean using the Normal Distribution
a) Define point estimate, margin of error, confidence interval estimate for the mean assuming σ is known, standard error.
b) Discuss the meaning of a confidence interval estimate (p 449 of text)
c) Interpret a CI estimate
d) Discuss width of CI and confidence level
e) Calculation of sample size needed for particular error tolerance
Confidence Intervals




 
Vocabulary
  • CONFIDENCE INTERVAL - range of expected values, a range of score in which the population parameter is believed to be.
     
  • alpha, - "(1- degree of confidence)," the probability a score does not fall into the confidence interval
     
  • LEVEL OF CONFIDENCE - in the picture below
    P( - E < < + E) -- a probability, usually expressed as a percent, that states how sure one is about the decision made by the test.
        ex. Test with a 90% level of confidence
    that > 60, with -- probability a score is in the confidence interval containing the mean.
  • E, error -- the maximum distance from the mean that still places a score within the confidence interval . (See above image.)



omnicalculator.com/statistics/critical-value



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