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Determining the Minimum Sample Size Required definitions
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Confidence Interval
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Confidence Interval
A range centered on a sample mean, constructed to estimate a population mean with a specified probability.
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Terms in this set (14)
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Confidence Interval
A range centered on a sample mean, constructed to estimate a population mean with a specified probability.
Margin of Error
The maximum amount by which a sample estimate may differ from the true population value in a confidence interval.
Sample Size
The number of observations or subjects included in a statistical sample.
Population Mean
The average value of a variable for the entire group being studied.
Critical Z-Value
A number from the standard normal distribution corresponding to a specified confidence level.
Standard Deviation
A measure of the spread or variability of a set of data values.
Degrees of Freedom
The number of independent values in a calculation, often equal to sample size minus one.
Range Rule of Thumb
An estimation method where the standard deviation is approximated by dividing the range by four.
Confidence Level
The probability that a confidence interval contains the true population parameter.
Prior Information
Data or estimates from previous studies used to inform current statistical calculations.
T Critical Value
A value from the t-distribution used when estimating population parameters with small samples.
Maximum Margin of Error
The largest allowable difference between the sample estimate and the population parameter.
Estimation
The process of inferring the value of a population parameter based on sample data.
Whole Number Rounding
The practice of increasing a decimal sample size to the next integer to ensure statistical requirements are met.