Transcript Lecture 16
Chapter 7
Statistical Inference:
Confidence Intervals
Learn ….
How to Estimate a Population
Parameter Using Sample Data
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Section 7.1
What Are Point and Interval
Estimates of Population
Parameters?
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Point Estimate
A point estimate is a single
number that is our “best guess” for
the parameter
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Interval Estimate
An interval estimate is an interval
of numbers within which the
parameter value is believed to fall.
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Point Estimate vs Interval
Estimate
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Point Estimate vs Interval
Estimate
A point estimate doesn’t tell us how
close the estimate is likely to be to
the parameter
An interval estimate is more useful
• It incorporates a margin of error which
helps us to gauge the accuracy of the
point estimate
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Point Estimation: How Do We Make
a Best Guess for a Population
Parameter?
Use an appropriate sample statistic:
• For the population mean, use the sample
•
mean
For the population proportion, use the
sample proportion
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Point Estimation: How Do We Make
a Best Guess for a Population
Parameter?
Point estimates are the most common
form of inference reported by the
mass media
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Properties of Point Estimators
Property 1: A good estimator has a
sampling distribution that is centered at
the parameter
• An estimator with this property is
unbiased
• The sample mean is an unbiased estimator
of the population mean
• The sample proportion is an unbiased
estimator of the population proportion
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Properties of Point Estimators
Property 2: A good estimator has a
small standard error compared to
other estimators
• This means it tends to fall closer than
other estimates to the parameter
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Interval Estimation: Constructing an
Interval that Contains the Parameter
(We Hope!)
Inference about a parameter should
provide not only a point estimate but
should also indicate its likely
precision
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Confidence Interval
A confidence interval is an interval
containing the most believable values
for a parameter
The probability that this method
produces an interval that contains the
parameter is called the confidence
level
•
This is a number chosen to be close to 1,
most commonly 0.95
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What is the Logic Behind
Constructing a Confidence Interval?
To construct a confidence interval for
a population proportion, start with the
sampling distribution of a sample
proportion
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The Sampling Distribution of the
Sample Proportion
Gives the possible values for the sample
proportion and their probabilities
Is approximately a normal distribution for
large random samples
Has a mean equal to the population
proportion
Has a standard deviation called the
standard error
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A 95% Confidence Interval for a
Population Proportion
Fact: Approximately 95% of a normal
distribution falls within 1.96 standard
deviations of the mean
• That means:
With probability 0.95, the
sample proportion falls within about 1.96
standard errors of the population
proportion
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Margin of Error
The margin of error measures how
accurate the point estimate is likely to
be in estimating a parameter
The distance of 1.96 standard errors
in the margin of error for a 95%
confidence interval
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Confidence Interval
A confidence interval is constructed
by adding and subtracting a margin of
error from a given point estimate
When the sampling distribution is
approximately normal, a 95%
confidence interval has margin of
error equal to 1.96 standard errors
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Section 7.2
How Can We Construct a
Confidence Interval to Estimate a
Population Proportion?
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Finding the 95% Confidence Interval
for a Population Proportion
We symbolize a population proportion by p
The point estimate of the population
proportion is the sample proportion
We symbolize the sample proportion by pˆ
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Finding the 95% Confidence Interval
for a Population Proportion
A 95% confidence interval uses a margin of
error = 1.96(standard errors)
[point estimate ± margin of error] =
pˆ 1.96(standard errors)
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Finding the 95% Confidence Interval
for a Population Proportion
The exact standard error of a sample proportion
equals:
p(1 p)
n
This formula depends on the unknown population
proportion, p
In practice, we don’t know p, and we need to
estimate the standard error
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Finding the 95% Confidence Interval
for a Population Proportion
In practice, we use an estimated standard
error:
se
p
ˆ (1 p
ˆ)
n
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Finding the 95% Confidence Interval
for a Population Proportion
A 95% confidence interval for a population
proportion p is:
ˆ 1.96(se), with se
p
ˆ (1 - p
ˆ)
p
n
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Example: Would You Pay Higher
Prices to Protect the Environment?
In 2000, the GSS asked: “Are you
willing to pay much higher prices in
order to protect the environment?”
• Of n = 1154 respondents, 518 were
willing to do so
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Example: Would You Pay Higher
Prices to Protect the Environment?
Find and interpret a 95% confidence
interval for the population proportion
of adult Americans willing to do so at
the time of the survey
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Example: Would You Pay Higher
Prices to Protect the Environment?
518
pˆ
0.45
1154
(0.45)(0.55)
se
0.015
1154
pˆ 1.96(se) 1.96(0.015)
0.45 0.03 (0.42,0.48)
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Sample Size Needed for Large-Sample
Confidence Interval for a Proportion
For the 95% confidence interval for a
proportion p to be valid, you should have at
least 15 successes and 15 failures:
ˆ ) 15
np
ˆ 15 and n(1 - p
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“95% Confidence”
With probability 0.95, a sample
proportion value occurs such that the
confidence interval contains the
population proportion, p
With probability 0.05, the method
produces a confidence interval that
misses p
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How Can We Use Confidence
Levels Other than 95%?
In practice, the confidence level 0.95
is the most common choice
But, some applications require
greater confidence
To increase the chance of a correct
inference, we use a larger confidence
level, such as 0.99
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A 99% Confidence Interval for p
pˆ 2.58(se)
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Different Confidence Levels
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Different Confidence Levels
In using confidence intervals, we
must compromise between the
desired margin of error and the
desired confidence of a correct
inference
• As the desired confidence level
increases, the margin of error gets
larger
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What is the Error Probability for
the Confidence Interval Method?
The general formula for the confidence
interval for a population proportion is:
Sample proportion ± (z-score)(std. error)
which in symbols is
pˆ z(se)
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What is the Error Probability for
the Confidence Interval Method?
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Summary: Confidence Interval
for a Population Proportion, p
A confidence interval for a population
proportion p is:
ˆ z
p
ˆ (1 - p
ˆ)
p
n
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Summary: Effects of Confidence
Level and Sample Size on Margin of
Error
The margin of error for a confidence
interval:
• Increases as the confidence level
increases
• Decreases as the sample size
increases
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What Does It Mean to Say that
We Have “95% Confidence”?
If we used the 95% confidence
interval method to estimate many
population proportions, then in the
long run about 95% of those intervals
would give correct results, containing
the population proportion
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A recent survey asked: “During the
last year, did anyone take something
from you by force?”
a.
b.
c.
Of 987 subjects, 17 answered “yes”
Find the point estimate of the proportion
of the population who were victims
.17
.017
.0017
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