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

Calculus, f(x)= 2e^5x+6 find the domain of f and find x-intercept.

f(x)= 2e^5x+6 find the domain of f and find x-intercept.

What is conditional probability, Q. What is Conditional Probability? A...

Q. What is Conditional Probability? Ans. What is the probability that George will pass his math test if he studies? We can assume that the probabilities of George passing

Word problem, a recipe good for 4 servings require 1/8 tsp. black pepper an...

a recipe good for 4 servings require 1/8 tsp. black pepper and 1/2 tsp. of salt. how much black pepper and how much salt needed for 2 servings?

Average, A boy covered half of distance at 20km/hr and rest at 40kmlhr. cal...

A boy covered half of distance at 20km/hr and rest at 40kmlhr. calculate his average speed.

Geometry, #pqrs is a parallelogram its adjacent side is 2:1.state tHE angle...

#pqrs is a parallelogram its adjacent side is 2:1.state tHE angles

Generic rectangles and greatest common factors, miaty and yesenia have a gr...

miaty and yesenia have a group of base ten blocks.Misty has six more than yesnia. Yesenia''s blocks repersent 17 together they have 22 blocks,and the total of blocks repersent 85.

Equivalent or equal sets, Equivalent or Equal sets Two sets C and D are ...

Equivalent or Equal sets Two sets C and D are said to be equal whether every member of set C belongs to D and every member of set D belongs also to C.

Cubic math, A fish tank has the base area of 45 cm3 and is filled to the de...

A fish tank has the base area of 45 cm3 and is filled to the depth of 12 cm.If the height is 25 cm then how much more will be needed to fill the rest of the tank?

I Need Help, If 3200 sweets cost 30 US Dollars how much will 13,500 sweets ...

If 3200 sweets cost 30 US Dollars how much will 13,500 sweets cost ?

Integrals involving quadratics - integration techniques, Integrals Involvin...

Integrals Involving Quadratics To this point we have seen quite some integrals which involve quadratics.  Example of Integrals Involving Quadratics is as follow: ∫ (x / x 2

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