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

SHARES AND DIVIDEND, PLEASE PROVIDE SOME STUFF TO WRITE ON SHARES AND DIVID...

PLEASE PROVIDE SOME STUFF TO WRITE ON SHARES AND DIVIDEND

Compute projection scale factor, 1. A survey line on campus is measured to ...

1. A survey line on campus is measured to be 1000.00 ft long on horizontal ground. The elevation of the line is 700.00 feet and the geoid separation from ellipsoid to geoid is -110

Geometria, un prisma retto ha per base un rombo avente una diagonale lunga ...

un prisma retto ha per base un rombo avente una diagonale lunga 24cm. sapendo che la superficie laterale e quella totale misurano rispettivamente 2800cm e3568cm ,calcola la misura

Normal approximation to binomial to approximate probability, A certain flig...

A certain flight arrives on time 78% of the time. Suppose 1000 flights are randomly selected. Use the normal approximation to the binomial to approximate the probability that a)

Find out a particular solution to equation, Example: Find out a particular...

Example: Find out a particular solution to y'' - 4y' - 12 y = 3e 5t Solution The point here is to get a particular solution, though the first thing that we're going to

Partitioning -types of word problems related to subtraction, Partitioning ...

Partitioning - an action of taking away or removing some objects, and finding out how many remain. (e.g., there were 15 toffees in this container, and 10 have been eaten. How many

Estimate the probability, The following (artificial) data record the length...

The following (artificial) data record the length of stay (in days) spent on a psychiatric ward for 28 consecutive patients who have been sectioned under the mental health act, cla

Give the introduction to amino acid and nucleotide metabolis, Give the Intr...

Give the Introduction to amino ACID and nucleotide metabolism ? Here, we studied about the chemistry of proteins and amino acids. We studied that the amino acids are used for p

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