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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
The Laplace method Laplace method employs all the information by assigning equal probabilities to the possible payoffs for every action and then selecting such alternative whic
An elliptical galaxy has gravitational boundaries defiend by 9x 2 +16y 2 +144z 2 =144. A black hole at the center of the galaxy is interacting with dark matter producing a radiatio
Evaluate the subsequent integral. Solution This is an innocent enough looking integral. Though, because infinity is not a real number we cannot just integrate as norm
1+3+5+7+9+11+13+15+17+19
A 'woman was trying to teach her three-year-old child the numbers from 1to 5 from a children's book on numbers. Each number was illustrated by the same number of trees drawn next t
objective of linear programming?
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A water sprinkler operates in a circular pattern a distance of 10 ft. Evaluate the circumference of the spray? (π = 3.14) a. 31.4 ft b. 314 ft c. 62.8 ft d. 628 ft
Grimm plc (Grimm) has the following transactions: a) On 1 st January 2010, Grimm issued 400,000 convertible £1 6% debentures for £600,000. The professional fees associated wit
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