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Friday, March 4, 2011

STUDY FOR THE VOCAB TEST MONDAY!

For homework you need to study the vocab list below for Monday's test. It will be 20 words (matching), and there will be 3-5 additional questions. One of these will likely be to create a table showing the correct population parameter/sample statistic symbols for categorical and quantitative data. There will also be an additional questions chosen from the following: the definition and interpretation of a p-value, the steps for a hypothesis test, the differences between hypothesis tests/confidence intervals, and the goals of hypothesis tests/confidence intervals. The vocab list is below.

Sampling Distribution
Central Limit Theorem
Standard Error
Conditions/Assumptions:
10% Condition-->independence
Randomization-->generalization
Success Failure-->large enough sample (for Normal Model)
Confidence Interval
Margin of Error
Critical Value
Null Hypothesis--what we assume to be true
Alternative Hypothesis
One vs. Two Tailed Test
PValue
One Proportion ZTest
One Proportion ZInterval
Proportion (used for categorical data)
Mean (used for quantitative data)
p vs. p hat
xbar vs. mu
Diminishing Returns
Alpha Level
Statistical Inference
Interpret CI vs. meaning of _% confidence
Sampling Variability
Population Parameter
Sample Statistic
Sample Size

In addition, you have one homework question:
If you are going to the doctor to be tested for cancer, write your null and alternative hypotheses. Then, define a Type I and Type II Error. Finally, explain which type of error is worse and why.

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