Stats Assign
Stats Assign
Parameter estimation is a fundamental concept in statistics. It involves using sample data to estimate the parameters of
a distribution. Let’s delve into the details:
Simple Regression Model:
In simple regression, we aim to represent the relationship between an explanatory variable (denoted as (x)) and a
response variable (denoted as (y)).
The model can be expressed as: [ y_i = \beta_0 + \beta_1 x_i + \epsilon_i ] where:
(y_i) represents the response for the (i)th observation.
(\beta_0) and (\beta_1) are parameters (intercept and slope, respectively).
(\epsilon_i) represents the noise or unmeasured effects.
Our goal is to estimate the parameters (\beta_0) and (\beta_1) based on the available data.
ANOVA Model:
ANOVA (Analysis of Variance) is another type of linear model.
It is used to compare means across different groups or treatments.
The ANOVA model can be expressed as: [ y_{ij} = \mu + \tau_i + \epsilon_{ij} ] where:
(y_{ij}) represents the response for the (i)th group and (j)th observation within that group.
(\mu) is the overall mean.
(\tau_i) represents the effect of the (i)th treatment or group.
(\epsilon_{ij}) represents the random error.
Parameter estimation in ANOVA involves estimating the treatment effects ((\tau_i)).
Estimators:
Estimators are techniques used for parameter estimation.
For example, we calculate estimators for (\beta_0), (\beta_1), and (\sigma^2) in simple regression.
These estimators help us infer the underlying population parameters based on sample data.
Remember that parameter estimation allows us to make informed conclusions about the population based on observed
data.
2. What is Point estimation and example.
The sample standard deviation (s) is a point estimate of the population standard deviation (σ).
The sample mean (̄x) is a point estimate of the population mean, μ.
55 is the mean mark obtained by a sample of 5 students randomly drawn from a class of 100 students, which is
considered to be the mean marks of the entire class.
62 is the average (x̅ ) mark achieved by a sample of 15 students randomly collected from a class of 150 students, which
is considered the mean mark of the entire class.
X ¯ is a point estimator of the mean value θ of a continuous population.
The sample standard deviation (s) is a point estimate of the population standard deviation (σ).
The sample mean (̄x) is a point estimate of the population mean, μ.
55 is the mean mark obtained by a sample of 5 students randomly drawn from a class of 100 students, which is
considered to be the mean marks of the entire class.
62 is the average (x̅ ) mark achieved by a sample of 15 students randomly collected from a class of 150 students, which
is considered the mean mark of the entire class.
X ¯ is a point estimator of the mean value θ of a continuous population.
3. What is Interval estimation and example. Identifies the appropriate form of the confidence interval
estimator for the population mean when;
Interval estimation in statistics involves calculating a range of values within which a population parameter is likely to
lie. Instead of providing a single point estimate, which is an exact value, interval estimates give us a confidence
interval—a range of possible values for the parameter. Let’s delve into this concept with an example:
Suppose we want to estimate the average height (mean) of all adult males in a certain country. It’s impractical to
measure the height of every single male, so we take a random sample of adult males and compute their average height.
This sample mean serves as our point estimate for the population mean.
However, we recognize that our sample is just a subset of the entire population, and there’s some uncertainty
associated with our estimate. Interval estimation allows us to express this uncertainty by providing a range of plausible
values for the population mean.
Here’s how it works:
Point Estimate: Let’s say our sample of adult males has an average height of 175 centimeters (cm). This is our point
estimate for the population mean height.
Confidence Interval: To create a confidence interval, we need to specify a confidence level. Common choices are 95%
or 99%. For instance, if we choose a 95% confidence level, we construct an interval such that we are 95% confident
that the true population mean height falls within it.
Interval Calculation: Using statistical methods, we calculate the lower and upper bounds of the confidence interval.
These bounds represent the range of heights that likely contain the true population mean. For example, our 95%
confidence interval might be (170 cm, 180 cm).
Interpretation: We interpret this interval as follows: We are 95% confident that the average height of all adult males in
the country lies between 170 cm and 180 cm.