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Estimating Population Mean and Confidence Intervals

The document discusses estimation in inferential statistics, focusing on point and interval estimates for population means, including confidence intervals and their calculations. It explains the use of z-distribution for large samples (n ≥ 30) and t-distribution for small samples (n < 30) when the population standard deviation is unknown. Additionally, it provides formulas for determining required sample sizes to achieve a desired level of confidence in estimates.

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Andrea Sarnouk
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0% found this document useful (0 votes)
15 views4 pages

Estimating Population Mean and Confidence Intervals

The document discusses estimation in inferential statistics, focusing on point and interval estimates for population means, including confidence intervals and their calculations. It explains the use of z-distribution for large samples (n ≥ 30) and t-distribution for small samples (n < 30) when the population standard deviation is unknown. Additionally, it provides formulas for determining required sample sizes to achieve a desired level of confidence in estimates.

Uploaded by

Andrea Sarnouk
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Estimation

Estimation of population’s mean

One aspect of inferential statistics is estimation, which is the process of estimating the
value of a parameter from information obtained from a sample.

Sampling error is the difference between the sample statistic and the corresponding
population parameter due to the fact that the sample is not a perfect representation of the
population.

 Point estimate: A single value from sample data to estimate a population parameter. The
point estimate of  is x . Associated with this value is the standard error SE x = 
√n

 Interval estimate: Called also confidence interval: An interval of values with a defined
probability of containing the population’s mean.

estimate + (tabled value)  (standard error of the estimate)

The maximum error of estimate (tabled value  standard error of the estimate) is the
maximum likely difference between the point estimate of a parameter and the actual value of
the parameter.

The probability that the interval estimate will contain the parameter is the confidence
coefficient (1-). The confidence level associated with a confidence interval states how much
confidence we have that this interval contains the true population parameter. The confidence
level is denoted by (1-)100%.

Three common confidence intervals are used: the 90%, the 95%, and the 99% confidence
intervals. The most commonly used interval estimate is the 95% interval.

95% confidence interval means that we are 95% confident that the mean of the population
from which we selected the sample is included in the interval.

1. Confidence Intervals for the Mean,  Known or n  30: z-disrtribution

If n  30, apply Central limit theorem, shape of the sampling distribution of x has
approximately the standard normal distribution, regardless of the population’s distribution.

CI of  = x ± (z/2  x )

z/2 calculation: area to be looked in z table = 1- 


2
Example:

The average age of a sample of 42 factory workers is 32 years. Assuming the


population SD is 9 years:
a) Find the point estimate for the population mean
b) Construct a 95% confidence interval for the population mean
Solution:
x=32 σ =9 n=42
a) Point Estimate of a Population Mean:
x=μ=32 yrs
b) Construct a 95% confidence interval for the population mean
1) Assumption:
n > 30  Large Sample  Use Z-Table
σx
σ
2) Formula: CI =x ±( Z × )
√n
If A = 0.4750  Z = + 1.96
95% CI  CI =32± 1.96 × 9/ √ 42
95 To find x 1:
=47.5 % 95
2 =47.5 % CI =32−1.96 × 9/ √ 42
µ 2 x 1=29.28
0.4750 0.4750 To find x 2 :
CI =32+1.96 ×9 / √ 42
x 2=34.72
−z=−1.96 x=0 + z=1.96 Note: x is the midpoint of x1∧ x2
x 1=29.28 x=32 x 2=34.72 29.28+34.72
x= =32
2
−z=−1.96 z¿ 0 + z=1.96

c) Interpretation
We are 95 % confident that the population mean age of factory workers  [29.28 ;
34.72]
2. Confidence Intervals for the Mean, n˂ 30 &  unknown: Student’s t distribution

Most of the time,  is not known. It can be estimated by S, the standard deviation of the
sample. When the sample size is small, S is not a good estimate of .

We use instead a t-distribution, a member of the Gaussian distribution which has more
variance of the standard Normal distribution (variance is greater than 1), and the areas under
the curve are a function of degrees of freedom df = n-1. T-distribution is similar to standard
normal distribution in that it is unimodal bell shaped, symmetrical, mean=median=mode=0
and located at center of distribution, curve approaches but never touches x-axis, and its area
still equal to 1.

Assumptions:

 Assume random sample


 assume that the population is normally distributed.

As the sample size increases, the t-dist approaches the standard normal distribution.

CI of  = x ± (t/2 S x ) where S x = S
√n

% Confidence level

To read + t you need: Degrees of Freedom: df= n-1

Example:

The mean Blood Glucose Level (BGL) of a sample of 12 men in a certain occupation
is 150 with a standard deviation of 5. Assuming that the population distribution is
normal:
a) Find the point estimate for the population mean
b) Construct a 98% confidence interval for the population mean
Solution:
x=150 S=5 n=12
a) Point Estimate of a Population Mean:
x=μ=150 yrs
b) Construct a 98% confidence interval for the population mean

1) Assumption:
n < 30 &  is unknown, assume population distribution is normal  small sample,
use T-table
2) Formula: CI =x ± ¿
%CI = 98%
To read + t you need:
Degrees of Freedom: df= n-1 = 12-1==11

Look at the following table to read t-values.

The t Distribution Table


The entries in the table give the critical values of t for the specific number of degrees of freedom
80% 90% 95% 98% 99% 99.8%
df One tail α 0.10 0.05 0.025 0.01 0.005 0.001
Two tail α 0.20 0.10 0.05 0.02 0.01 0.002
1 3.078 6.314 12.706 31.820 63.657 318.309
2 1.886 2.920 4.303 6.965 9.925 22.327
3 1.638 2.353 3.182 4.541 5.841 10.215
4 1.533 2.132 2.776 3.747 4.604 7.173
5 1.476 2.015 2.571 3.365 4.032 5.893
6 1.440 1.943 2.447 3.143 3.707 5.208
7 1.415 1.895 2.365 2.998 3.499 4.785
8 1.397 1.860 2.306 2.897 3.355 4.501
9 1.383 1.833 2.262 2.821 3.250 4.297
10 1.372 1.812 2.228 2.764 3.169 4.144
11 1.363 1.796 2.201 2.718 3.106 4.025
12 1.356 1.782 2.179 2.681 3.055 3.930

 CI =150 ±¿
To find x 1:150−2.718× 5/ √ 12 x 1=146.08
To find x 2 :150+ 2.718× 5/ √ 12 x 2=153.92
Interpretation: We are 98 % confident that the population mean Blood Gloucose level of men
in a certain occupation  [146.08 ; 153.92]

3. Determining the required sample size for the mean

The sample size required is given by the formula

z 2  2
n = ------------- rounded up to the nearest whole number
2
E
E, also called the maximum error of the estimate, is equal half the length of the interval.

Example: what is the sample size required to estimate the mean monthly fuel consumption
per household vehicle, and to insure that we can be 95% confident that the estimate, x , is
within 0.5$ of  (from previous studies,  = 20.65)

z 2  2
n = ------------- = (1.96  20.65)2 / 0.52 = 6552.58  n = 6553
E2

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