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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
Ashley's car insurance costs her $115 per month. How much does it cost her per year? Multiply $115 by 12 because there are 12 months in a year; $115 × $12 = $1,380 per year.
Binomial Probability Distribution Binomial probability distribution is a set of probabilities for discrete events. Discrete events are those whose outcomes or results can be c
prove:
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Ray cut 6 pieces of rope . Each piece was between 67 and 84 inches long. What would be the total length of the 6 pieces of rope?
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Sequences Let us start off this section along with a discussion of just what a sequence is. A sequence is nothing much more than a list of numbers written in a particular orde
There is a number. If the sum of digits is 14, and if 29 is subtracted from the number, the digits become equal. Find the number.
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