| Hand in (All D&V)
For next class: if you didn't finish finding the 68% and 95% CI's for your sample, please do, and be ready to add your results to our list: # of 1's, p-hat, SE(p-hat), p-hat + SE, ME for 95% = 1.96SE, p-hat + 1.96SE Postpone handing in all the rest:
Do the green parts tonight and hang on to them:
ME, C, n pp. 356-7, 361-3. Problems p. 368
|
Read,
to discuss |
Optional |
Note Trade-off: Higher Confidence ---Wider interval
(bigger ME. Less "precision")
Desire: Small Margin of Error + High confidence.
p. 361-2
But they grow and shrink together: High confidence--Low precision ;
High precision (small ME)--low confidence.
Way out: increase n, the sample size. (Shrinks SE)
How big a sample size for desired ME and C?
Plan ahead: Decide on desired ME and C(thus
z*). Guesstimate p (p=1/2 requres largest sample size--safest).
Solve equation for n.
(Some results pre-calculated, p. 362)
Notes: --To cut ME in half, need 4 times
the sample size. Certainty/precision are expensive!
-- If you're sure your p will be far from 1/2,
you can get a smaller n by using a closer guesstimate for p.
Green shoebox: To get a 90% CI, ME = .04: use p =
1/2 = .5. z* = 1.645.
n = (1.6452)
( .5· .5) / (.042 ) =
2.706025 · .25/.0016= .67650625/.0016
= 422.8 Round UP! to 423.
Why does it work?? Why does the
ME calculated this way give intervals that capture the real p C% of the
time??
Think about the Sampling distribution of p-hat.
It's Normal, center at the real (population) p.
SD(p-hat) is its standard deviation. SE(p-hat) approximates
SD(p-hat)
Now ME = z*SE(p-hat), where + z* cut off the center C%
of the standard normal model.
So, in the Sampling distribution model, Real
p+ ME spans the center C% of this normal
curve.
So the probability that p-hat falls in the range Real
p + ME
is C%; That is, with many random samples, the proportion of p-hats
that fall in the range Real p
+ ME is C%.
That is, the proportion of p-hats that are within the distance ME of
p---is C%
Now: If p-hat is within ME of p, then p is within ME of p-hat. The "arms" (+ ME ) that a p-hat interval sticks out from p-hat will capture p, if and only if p-hat is within ME of p. But the proportion of p-hats that do that is C%.
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