You are on page 1of 1

5/12/22

Experiment: flipping a coin n times


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

You might also like