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ReadingNotes Chapter09 Stats

This document contains notes from an economics class on making inferences from small sample sizes. It discusses conditions for when sample means are normally distributed, introduces the Student's t-distribution for when the population standard deviation is unknown, and provides information on confidence intervals, test statistics, and assumptions for comparing means of small independent samples and paired samples using t-tests and F-tests. Key terms mentioned include degrees of freedom, normal populations, t-distribution, and assumptions required for different statistical tests.

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Katherine Sauer
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81 views2 pages

ReadingNotes Chapter09 Stats

This document contains notes from an economics class on making inferences from small sample sizes. It discusses conditions for when sample means are normally distributed, introduces the Student's t-distribution for when the population standard deviation is unknown, and provides information on confidence intervals, test statistics, and assumptions for comparing means of small independent samples and paired samples using t-tests and F-tests. Key terms mentioned include degrees of freedom, normal populations, t-distribution, and assumptions required for different statistical tests.

Uploaded by

Katherine Sauer
Copyright
© Attribution Non-Commercial (BY-NC)
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
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Reading Notes

Economics Dr. Sauer

Chapter 9: Small Samples 9.1 Inference from small samples: normal populations with known Under what conditions is the sampling distribution for sample means for n < 30 Normal?

9.2 The Students t-distribution If random samples of size ____ are selected from a Normal population with mean but the standard deviation is not known then the distribution of sample means is a ________________________. Notation: Degrees of Freedom is calculated as:

You would use a Z critical value when: You would use a t critical value when: 9.3 Inference from small samples: normal populations with NOT known The confidence interval is found by:

The test statistic is:

9.4 Difference between means (small independent samples) Case 1: the variance for each population is known

Case 2: the variance for each population is not known, BUT the following assumptions are satisfied: - the samples were selected from _______________________ populations -the population variances are __________________

9.5 F-test for equality of two variances The F distribution looks like:

9.6 Difference between means, paired samples What is a paired t-test ?

The confidence interval is given by:

The Test statistic is:

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