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

What is the ratio of the areas of sectors , What is the ratio of the areas ...

What is the ratio of the areas of sectors I and II ?                               (Ans:4:5) Ans:    Ratio will be 120/360  Π r 2 : 150/360  Π r 2 4/12  : 5/12  =

Integral calculus, how to change order and variable in multiple integral

how to change order and variable in multiple integral

Calculate the area and perimeter of a square, Calculate the area and perime...

Calculate the area and perimeter of a square: Calculate the area and perimeter of a square with w = 5´ and l = 6´.  Be sure to involved units in your answer. Solution:

Setofoperations, write CxD being sure to use appropriate brackets and find ...

write CxD being sure to use appropriate brackets and find n(CxD)

Numertic methods, solve by factorization method; 10x-6y-3z=100, -6x+10y-5z=...

solve by factorization method; 10x-6y-3z=100, -6x+10y-5z=100, -3x-5y+10z=100

Example to understanidng of multiplication, 6-year-old Rahul wasn't able to...

6-year-old Rahul wasn't able to understand multiplication when it was thrust upon him in school. His mother discussed this problem with some of us. On the basis of suggestions that

Differential equation, Cos(x+y)+sin(x+y)=dy/dx(solve this differential equa...

Cos(x+y)+sin(x+y)=dy/dx(solve this differential equation)

Profit and loss, A man sold an item for Rs 6,750 at a loss 25%. What will b...

A man sold an item for Rs 6,750 at a loss 25%. What will be the selling price of same item if he sells it at a profit of 15%?

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