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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
An $80.00 coat is marked down 20%. It does not sell, so the shop owner marks it down an additional 15%. What is the new price of the coat? Find out 20 percent of the original p
Mount Everest is 29,028 ft high. Mount Kilimanjaro is 19,340 ft high. How much taller is Mount Everest? Subtract Mt. Kilimanjaro's height from Mt. Everest's height; 29,028 - 19
I need help on radical notation for a homework assignment I''m really confused on it. Can I get help?
if 4,a and 16 are in the geometric sequence. Find the value
During 2008 the average number of beds required per day at St Hallam's hospital was 1800. During the first 50 days of 2008 the average daily requirement for beds was 1830, with a
what is Value Delivery
The Lognormal Distribution If ln(X) is a normally distributed random variable, then X is said to be a lognormal variable. If P1, P2, P3, ... are the prices of a scrip in per
need help with consumer surplus
1) Let the Sample Space S = {1, 2, 3, 4, 5, 6, 7, 8}. Suppose each outcome is equally likely. Compute the probability of event E = "an even number is selected". P(E) = 2) A s
Another aid that can help children practise subtraction is the number strip. TGS can be used to improve their ability to count backwards. For example, subtracting 4 from 9 means
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