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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 scores of students taking the ACT college entrance examination are normally distributed with a mean m = 20.1 and a standard deviation s = 5.8. A single student is selected a
If the roots of the equation (b-c)x 2 +(c-a)x +(a-b) = 0 are equal show that a, b, c are in AP. Ans: Refer sum No.12 of Q.E. If (b-c)x 2 + (c-a) x + (a-b) x have equ
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A triangle has vertices A (-1, 3, 4) B (3, -1, 1) and C (5, 1, 1). The area of ABC is a) 30.1 b) 82.1 c) 9.1 d) 52.1
Determination of the Regression Equation The determination of the regression equation such given above is generally done by using a technique termed as "the method of least sq
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