Describe a "real world" scenario

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Reference no: EM13731852

Respond to the following to describe a "real world" scenario where a researcher might want to construct a confidence interval to support a conclusion about a population parameter.
1.Provide an overview of the scenario and the variable involved. Include an explanation of why and how constructing the confidence interval adds value. I.e., why might this information be important to know?
2.Identify any assumptions that must be met.
3.Describe an overview of the process of constructing the confidence interval along with the steps involved.

Reference no: EM13731852

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