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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
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Definition 1. We say that f(x) consist an absolute (or global) maximum at x = c if f ( x ) ≤ f (c ) for every x in the domain we are working on. 2. We say that at x = c ,
Continuity : In the last few sections we've been using the term "nice enough" to describe those functions which we could evaluate limits by just evaluating the function at the po
You have just renegotiated the interest rate of your home mortgage loan. (This is called rate modification.) The original loan of $400,000 carries an interest rate is 6% has an or
A line has the equation 2y=-3x+1. Find an equation of a line parallel to this line that has a y-intercept of -2.
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The mathematics results of 20 first-year university students are given, together with their results of their performances in the year 12 semester Test and Final Assignment:
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Q. Multiplying Fractions Involving Negative Numbers? Ans. If you have only one negative sign, the result is still negative: If you have more than one, just remembe
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