The document describes the process for analyzing experiments that involve flipping a coin multiple times. It explains how to model the population as a box with an average and standard deviation. It then discusses how to determine the expected value and standard error of samples drawn from the population to quantify the center and spread of sample variability. The process involves first defining the population box model, then calculating the expected value and standard error for sample sums, percentages, and averages based on the population average and standard deviation.
The document describes the process for analyzing experiments that involve flipping a coin multiple times. It explains how to model the population as a box with an average and standard deviation. It then discusses how to determine the expected value and standard error of samples drawn from the population to quantify the center and spread of sample variability. The process involves first defining the population box model, then calculating the expected value and standard error for sample sums, percentages, and averages based on the population average and standard deviation.
The document describes the process for analyzing experiments that involve flipping a coin multiple times. It explains how to model the population as a box with an average and standard deviation. It then discusses how to determine the expected value and standard error of samples drawn from the population to quantify the center and spread of sample variability. The process involves first defining the population box model, then calculating the expected value and standard error for sample sums, percentages, and averages based on the population average and standard deviation.
The document describes the process for analyzing experiments that involve flipping a coin multiple times. It explains how to model the population as a box with an average and standard deviation. It then discusses how to determine the expected value and standard error of samples drawn from the population to quantify the center and spread of sample variability. The process involves first defining the population box model, then calculating the expected value and standard error for sample sums, percentages, and averages based on the population average and standard deviation.
1. Box model a. How many tickets? b. What should be the # on each ticket? c. Calculate the AVG and SD of the box 2. Sample variability: variability of the results of the sample a. The spread is called “standard error” 𝑆𝐷𝑏𝑜𝑥 i. 𝑛 b. Find the center of variability “expected value” i. AVG of the box
Quantity EV (expected value) SE (Standard error)
Sums of n values AVG box × n SDbox × 𝑛
% of n values AVG box 𝑆𝐷𝑏𝑜𝑥
𝑛
AVG of n values AVG box 𝑆𝐷𝑏𝑜𝑥
𝑛
Step by Step process for problems in Chapters 16-18:
1. Box Model 2. Sample variability a. Center of variability (EV) b. Average spread of that sample variability (SE) c. Distribution of sample sums, %s, and averages