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

Find out all the critical points for the function, Find out all the critica...

Find out all the critical points for the function. Solution To determine the derivative it's probably simple to do a little simplification previous to we in fact diffe

Precalculus help, tsunami equation A sin (b * t) + k what is b supposed t...

tsunami equation A sin (b * t) + k what is b supposed to be if t is time a is amplitude and k is average water level (not exact value of b just what is it)

Example of function, Example  Suppose the demand and cost functio...

Example  Suppose the demand and cost functions are given by          Q = 21 - 0.1P and C = 200 + 10Q Where,          Q - Quantity sold

Example to compute limit, calculates the value of the following limit. ...

calculates the value of the following limit. Solution Now, notice that if we plug in θ =0 which we will get division by zero & so the function doesn't present at this

What is the width of the walkway in feet, A garden in the shape of a rectan...

A garden in the shape of a rectangle is surrounded through a walkway of uniform width. The dimensions of the garden only are 35 by 24. The field of the garden and the walkway toget

Surface area, Find the amount of sheet metal need to form a conical funnel ...

Find the amount of sheet metal need to form a conical funnel of base radius 30cm with a vertical height of 50cm, allowing for 0.5cm overlap. Find the total surface area?

Learning and formulating maths teaching strategies, Before going further, l...

Before going further, let us repeat an aspect of learning which is useful to keep in mind while formulating teaching strategies. A child who can add or subtract in the context of s

Logarithmic function:solve for x: 4 log x2, Solve for x: 4 log x = log (15 ...

Solve for x: 4 log x = log (15 x 2 + 16) Solution:              x 4 - 15 x 2 - 16 = 0                (x 2 + 1)(x 2 - 16) = 0                x = ± 4   But log x is

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