Confidence interval, Mathematics

Assignment Help:

Confidence Interval

The interval estimate or a 'confidence interval' consists of a range as an upper confidence limit and lower confidence limit whether we are confident that a population parameter lies and we assign a probability that this interval includes the true population value

The confidence limits are the outer limits to a confidence interval. Confidence interval is the interval among the confidence limits. The higher the confidence level the greater the confidence interval. For illustration:

A normal distribution has the given characteristic as:

i.                    Sample mean ± 1.960 σ contains 95 percent of the population

ii.                  Sample mean ± 2.575 σ contains 99 percent of the population

 


Related Discussions:- Confidence interval

Write algorithm for the multiplication of a 3-digit number, E1) Why do we s...

E1) Why do we shift the place by one, of the result in the second row of the calculation, when we multiply, say, 35 by 237 E2) Write down the algorithm for the multiplication of

Multiplication properties, write a definition for associative property of m...

write a definition for associative property of multiplication in your own words and explain how you use it to compute 4*25*27 mentally

Logarithmic functions, y=log4(x). i am unsure what this graph is supposed t...

y=log4(x). i am unsure what this graph is supposed to look like?

Statewide mortality rates, Assume that between workers exposed to asbestos ...

Assume that between workers exposed to asbestos in a shipyard in 1980, 33 died over a 10 year period from COPD, whereas only 24 such deaths would be expected based on statewide mor

Dividing, If I divide any number do I get the manservant 2 times

If I divide any number do I get the manservant 2 times

How much do they save if they pay the bill inside 10 days, Oscar's Oil Comp...

Oscar's Oil Company provides customers a 5% discount if they pay their bill within 10 days. The Stevens' oil bill is $178. How much do they save if they pay the bill inside 10 days

Definition of inverse functions, Definition of inverse functions :  Given...

Definition of inverse functions :  Given two one-to-one functions f ( x ) and g ( x ) if ( f o g ) ( x ) = x  AND  ( g o f ) ( x ) = x then we say that f ( x ) & g ( x ) are i

Ellipse, alpha and beta are concentric angles of two points A and B on the ...

alpha and beta are concentric angles of two points A and B on the ellipse.

What is the smaller probable value of this number, The sum of the square of...

The sum of the square of a number and 12 times the number is -27. What is the smaller probable value of this number? Let x = the number.  The statement that is "The sum of the

Differentiation, Need Solution Find (dy)/( dx) for; (i). y = x 7 ...

Need Solution Find (dy)/( dx) for; (i). y = x 7 (ii). y = x 2γ (iii). y = x -3 (iv). y = x

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd