Chapter 8 Outline

# Chapter 8 Outline - CHAPTER 8 INTERVAL ESTIMATION...

This preview shows pages 1–4. Sign up to view the full content.

CHAPTER 8: INTERVAL ESTIMATION Objectives: 1. Understand that there are two types of point estimates. 2. Know how to calculate a point estimate for the population mean. 3. Know how to calculate an interval estimate for the population mean when σ is known. 4. Know how to calculate an interval estimate for the population mean when σ is unknown. 5. Know how to calculate a point estimate for the population proportion. 6. Know how to calculate an interval estimate for the population proportion.

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
7. Understand the meaning of the confidence interval. 8. Understand how the confidence level or sample size effects the width of the confidence interval and the margin of error. 9. Understand how the confidence level or sample size effects the confidence interval.
I. Section 8.1: Population Mean: σ Known A. Two Types of Estimates 1. A point estimate consists of a single sample statistic used to estimate the true value of the population parameter (either µ or π). Loyd’s example (page 301):

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
This is the end of the preview. Sign up to access the rest of the document.

## This note was uploaded on 11/03/2009 for the course ISDS 2000 taught by Professor Nunnery during the Summer '08 term at LSU.

### Page1 / 12

Chapter 8 Outline - CHAPTER 8 INTERVAL ESTIMATION...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online