Statistical Inference: Point Estimation of Population Means and Determining Sample Sizes, Study notes of Statistics

Formulas and examples for calculating point estimates and standard errors of population means, as well as determining required sample sizes for estimating population means with a given error margin. Students of statistics and data analysis will find this information useful for inferential statistics.

Typology: Study notes

Pre 2010

Uploaded on 09/02/2009

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STAT 301 TA : Lane Burgette [email protected]
DISCUSSION 10
April 19-20
Statistical Inference :
Statistical inference deals with drawing conclusions about population parameters from an analysis
of the sample data.
Point Estimator and Standard Error(SE) :
A statistic intended for estimating a parameter is called a point estimator, or simply an estimator.
The standard deviation of an estimator is called its standard error.
Point Estimation of the Mean :
Estimator: ¯
X
S.E.( ¯
X) = σ
n
Estimated S.E. ( ¯
X) = S
n
For large n, the 100(1 - α)% error margin dis Zα/2σ/n=Zα/2S.E.(¯
X).
(If σis unknown, use Sin place of σ.)
Determing the Sample Size :
To be 100(1 - α)% sure that the error of estimation |¯
Xµ|does not exceed d, the required sample
size is
n= (Zα/2σ
d)2
Example 1. Determine the point estimate of the population mean µand its 100(1 α)% margin
of error in each case.
a. n= 150, ¯x=86.2, s= 9.56, 1 - α= .975
b. n= 70, Pxi= 852, P(xi¯x)2= 215, 1 - α= .95
Example 2. Fifty-eight trout caught in a lake had average weight = 4.37 pounds and standard
deviation = 1.61 pounds. Fron these data, estimate the mean weight of catchable trout in this lake
and give a 90% error margin.
Example 3. For each case, determine the sample size n that is required for estimating the popu-
lation mean. The population standard deviation σand the desired error margin are specified.
a. σ= 3.8, 95% error margin = .75
b. σ= 125, 80% error margin = 4.5
Example 4. Assume that the standard deviation of the heights of five-year-old boys is 3.5 inches.
How many five-year old boys need to be sampled if we want to be 90% sure that the population
mean heightis estimated within 5 inches?
Off. Hour: R 2:30-4:30 1 1245F MSC

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STAT 301 TA : Lane Burgette [email protected]

DISCUSSION 10

April 19-

  • Statistical Inference : Statistical inference deals with drawing conclusions about population parameters from an analysis of the sample data.
  • Point Estimator and Standard Error(SE) : A statistic intended for estimating a parameter is called a point estimator, or simply an estimator. The standard deviation of an estimator is called its standard error.
  • Point Estimation of the Mean : Estimator: X¯ S.E.( X¯) = √σn Estimated S.E. ( X¯) = √Sn For large n, the 100(1 - α)% error margin d is Zα/ 2 σ /

n = Zα/ 2 S.E.( X¯). (If σ is unknown, use S in place of σ.)

  • Determing the Sample Size : To be 100(1 - α)% sure that the error of estimation | X¯ − μ| does not exceed d, the required sample size is n = (

Zα/ 2 σ d

)^2

Example 1. Determine the point estimate of the population mean μ and its 100(1 − α)% margin of error in each case. a. n = 150, ¯x=86.2, s= 9.56, 1 - α =. b. n = 70,

xi = 852,

(xi − x¯)^2 = 215, 1 - α =.

Example 2. Fifty-eight trout caught in a lake had average weight = 4.37 pounds and standard deviation = 1.61 pounds. Fron these data, estimate the mean weight of catchable trout in this lake and give a 90% error margin.

Example 3. For each case, determine the sample size n that is required for estimating the popu- lation mean. The population standard deviation σ and the desired error margin are specified. a. σ = 3.8, 95% error margin =. b. σ = 125, 80% error margin = 4.

Example 4. Assume that the standard deviation of the heights of five-year-old boys is 3.5 inches. How many five-year old boys need to be sampled if we want to be 90% sure that the population mean heightis estimated within 5 inches?

Off. Hour: R 2:30-4:30 1 1245F MSC