Statistic
STASTISTICS LESSON 8 INSTRUCTIONS
Below is a summary of the expectations for Phase 4 of the course project:
1. Introduce your scenario and data set.
· Provide a brief overview of the scenario you are given above and the data set that you will be analyzing.
· Classify the variables in your data set.
· Which variables are quantitative/qualitative?
· Which variables are discrete/continuous?
· Describe the level of measurement for each variable included in your data set.
2. Discuss the importance of the Measures of Center and the Measures of Variation.
· What are the measures of center and why are they important?
· What are the measures of variation and why are they important?
3. Calculate the measures of center and measures of variation. Interpret your results in context of the selected topic.
· Mean
· Median
· Mode
· Midrange
· Range
· Variance
· Standard Deviation
4. Discuss the importance of constructing confidence intervals for the population mean.
· What are confidence intervals?
· What is a point estimate?
· What is the best point estimate for the population mean? Explain.
· Why do we need confidence intervals?
5. Based on your selected topic, evaluate the following:
· Find the best point estimate of the population mean.
· Construct a 95% confidence interval for the population mean. Assume that your data is normally distributed and σ is unknown.
· Please show your work for the construction of this confidence interval and be sure to use the Equation Editor to format your equations.
· Write a statement that correctly interprets the confidence interval in context of your selected topic.
6. Based on your selected topic, evaluate the following:
· Find the best point estimate of the population mean.
· Construct a 99% confidence interval for the population mean. Assume that your data is normally distributed and σ is unknown.
· Please show your work for the construction of this confidence interval and be sure to use the Equation Editor to format your equations.
· Write a statement that correctly interprets the confidence interval in context of your selected topic.
7. Compare and contrast your findings for the 95% and 99% confidence interval.
· Did you notice any changes in your interval estimate? Explain.
· What conclusion(s) can be drawn about your interval estimates when the confidence level is increased? Explain.
8. Discuss the process for hypothesis testing.
· Discuss the 8 steps of hypothesis testing?
· When performing the 8 steps for hypothesis testing, which method do you prefer; P-Value method or Critical Value method? Why?
· If you selected Option 2:
· Original Claim: The average age of all patients admitted to the hospital with infectious diseases is less than 65 years of age.
· Test the claim using α = 0.05 and assume your data is normally distributed and σ is unknown.
· Based on your selected topic, answer the following:
2. Write the null and alternative hypothesis symbolically and identify which hypothesis is the claim.
2. Is the test two-tailed, left-tailed, or right-tailed? Explain.
2. Which test statistic will you use for your hypothesis test; z-test or t-test? Explain.
2. What is the value of the test-statistic? What is the P-value? What is the critical value?
2. 5.) What is your decision; reject the null or do not reject the null?
5. Explain why you made your decision including the results for your p-value and the critical value.
2. State the final conclusion in non-technical terms.
10. Conclusion
· Recap your ideas by summarizing the information presented in context of your chosen scenario.