Numeracy

Statistics: Significance and Confidence Intervals in Statistics




Understanding significance and confidence intervals helps evaluate the reliability of statistical results, especially when working with sample data instead of the entire population.


1. Statistical Significance

  • Definition: Measures how likely your results are to have occurred not by chance. It combines sample size and population variation.
  • Expressed as: A probability value, or p-value:
  • Common thresholds:
    • ( p < 0.05 ) (5%): Results are significant at 95% confidence.
    • ( p < 0.01 ) (1%): Results are significant at 99% confidence.

Hypotheses Testing:

  • Null Hypothesis (H?): Assumes no effect (e.g., "X has no impact on Y").
  • Alternative Hypothesis (H?): Assumes an effect exists (e.g., "X affects Y").
  • A significant result allows you to reject H? and favor H?.

Calculating Significance:

  • Use a z-score to measure the standard deviations a result is from the mean: [
    z = \frac{x - \mu}{\sigma}
    ]
  • ( x ): Data point
  • ( \mu ): Population mean
  • ( \sigma ): Standard deviation

Example: Testing if a game app is more popular than average: - Mean downloads (( \mu )) = 1000, Standard deviation (( \sigma )) = 110, Downloads (( x )) = 1200.
- ( z = \frac{1200 - 1000}{110} = 1.81 ).
- Using a z-table, this corresponds to a ( p )-value of ( 0.0351 ) (3.5%), which is significant at 5%.

For Sample Data: When using a sample mean, adjust the formula: [
z = \frac{x - \mu}{\sigma / \sqrt{n}}
]
- ( n ): Sample size


2. Confidence Intervals (CI)

  • Definition: A range of values within which the true population mean likely lies, expressed with a confidence level (e.g., 95%, 99%).

Key Points:

  • A 95% confidence interval means 95 out of 100 samples will contain the true mean.
  • The interval narrows with a larger sample size, improving accuracy.

Calculating Confidence Intervals:

[ {mean} \pm z \cdot \frac{{SD}}{\sqrt{n}}
] - Example: Sampling 40 people:
- Sample mean (( \mu )) = 159.1 cm, Standard deviation (SD) = 25.4 cm.
- 95% CI (( z = 1.96 )):
[
159.1 \pm 1.96 \cdot \frac{25.4}{\sqrt{40}} = 151.23 { to } 166.97 \, {cm}
]


3. Interpreting Results

  • Significance: Ensures results are not due to chance.
  • Confidence Intervals: Indicate the range of likely true values.
  • Smaller CI and lower ( p )-values: Indicate higher result reliability.

Tips for Practical Use:

  1. Report Results Clearly: Include both ( p )-values and CIs for transparency.
  2. Larger Sample Sizes: Reduce CI width and increase significance accuracy.
  3. Avoid Overinterpretation: A significant result doesn't imply causation—explore potential factors.

? Confidence intervals and significance levels are essential for validating and interpreting statistical results accurately!


If you liked this, consider supporting us by checking out Tiny Skills - 250+ Top Work & Personal Skills Made Easy