Describe the purpose of a confidence interval

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Reference no: EM133227883

Question - Managerial Statistic Discussion

Description - The purpose of this assignment is to show that you have read Chapter 19.

You can submit the assignment in any way that illustrates what you have learned about these three objectives.

1. Describe the purpose of a confidence interval.

2. Describe the parametric method to derive the formula for the confidence interval for a parameter.

3. Describe and compare the two bootstrap methods to create the confidence interval for a parameter.

Reference no: EM133227883

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