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    Estimation 1

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    Kurt Platon

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    Estimation 1

    Uploaded by

    Kurt Platon
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    13 views13 pages

    Estimation 1

    Uploaded by

    Kurt Platon

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    You are on page 1of 13

    ESTIMATION

    OF
    PARAMETERS
    Chapter 4
    LESSON 1:
    ESTIMATION
    Basic Concepts of Estimation
    Point Estimation is the use of a suitable statistic and
    computes its value from a given sample data, that is used
    to estimate a parameter. The statistic use is called the
    point estimator, and the value of the statistic is called the
    point estimate.
    - the point estimator of the - the estimator of the population
    population parameter mean parameter proportion p.

    where x is the no. of successes


    n is the sample size.
    Examples
    1. Below are weights in kilograms of 20 randomly selected
    grade 3 students in Dasmarinas Elementary School.
    22.5 21.8 28.4 21.8
    24.7 25.2 27.3 22.6
    20.9 30.1 25.4 24.7
    25.6 27.3 22.8 23.8
    28.1 26.6 21.6 23.0
    Estimate the mean weight of all the grade 3 students.
    Examples
    2. The number of customers of a certain fast-food X was
    recorded daily. The 10 – day observations are as follows:

    195, 225, 208, 215, 231, 198, 202, 210, 228, and 214

    Estimate the average daily number of customers of fast-


    food X.
    Examples
    3. A survey was conducted in DLSU-D to determine the
    proportion of students that own laptop computers. From
    a sample of 200 students, 78 own laptop computers.
    From the given information, find an estimate of the
    proportion of students DLSU-D who own laptop
    computers.

    4. Out of the 350 randomly selected households in Cavite,


    164 are with internet connections at home. Estimate the
    proportion of households in Cavite with internet
    connection at home.
    LESSON 2:
    INTERVAL ESTIMATION
    FOR POPULATION MEAN
    Basic Terms
    A confidence interval is a specific interval estimate of a
    parameter determined by using data obtained from a sample
    and the specific confidence level of the estimate.
    The confidence level of an interval estimate of a parameter is
    the probability that the interval estimate will contain the
    parameter.

    The maximum error of estimate is the maximum difference


    between the point estimate of a parameter and the actual value
    of the parameter.   
    E  z 2  
     n
    STEPS
    1. Identify the given information such
    as the sample mean, the sample
    size and the variance/standard
    deviation.
    2. Determine the confidence level
    and the level of error.
    3. Determine the value of the using
    the z – table.
    4. Compute for the confidence
    interval using the formula.
    5. Interpret the results.
    Examples
    1. Given the following:

    Construct a 95% confidence interval for the population


    mean µ.

    2. The average income of 100 randomly selected jeepney


    drivers in CALABARZON is 635.75 pesos per day. If it is
    known that the standard deviation of the daily income of
    all the drivers in CALABARZON is 110.50 pesos per day,
    find a 98% CI on the average daily income of all the
    drivers in CALABARZON area.
    CENTRAL LIMIT THEOREM AND
    CONFIDENCE INTERVAL FOR THE MEAN
    The CLT states that as the sample size n
    increases or becomes large, the sampling
    distribution of the mean approaches a normal
    distribution. We can assume that s2 =2 holds true
    when the sample size is large enough (n> 30)

    Because of this assumption, when the variance


    2
    is unknown but the sample size is large, the sample
    variance s2 can be used to replace 2 in calculating
    confidence interval for the mean µ.
    Examples
    1. Given the following:

    Construct a 95% confidence interval for the population


    mean µ.

    2. The mean contents of 75 randomly selected bottles of


    perfume X is 98.5 ml with a standard deviation of 2.2 ml.
    Find the 98% CI on the mean contents of all bottles of
    Perfume X.
    END

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