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

Write the equation of a circle, Example    Write down the equation of a cir...

Example    Write down the equation of a circle  alongwith radius 8 & center ( -4, 7 ) . Solution Okay, in this case we have r =8 , h = -4 and k = 7 thus all we have to do i

Find the probability distribution of x, If a pair of dice is thrown and X d...

If a pair of dice is thrown and X denotes the sum of the numbers on them. Find the probability distribution of X.Also find the expectation of X.     SOLUTION:    In a singl

Standard deviation, i need to work out the standard deviation of 21.4

i need to work out the standard deviation of 21.4

Time & distance., Q4. Assume that the distance that a car runs on one liter...

Q4. Assume that the distance that a car runs on one liter of petrol varies inversely as the square of the speed at which it is driven. It gives a run of 25km per liter at a speed o

HELP, HOW MANY TENS ONES AND HUNDRED ARE IN A GROUP OF 2

HOW MANY TENS ONES AND HUNDRED ARE IN A GROUP OF 2

Sequencing., how to select out time for m2

how to select out time for m2

Circumference of a circle, How far will a bowling ball goes in one rotation...

How far will a bowling ball goes in one rotation if the ball has a diameter of 10 inches? (π = 3.14) 1. 78.5 in 2. 31.4 in 3. 62.8 in 4. 15.7 in 2. The circumfere

Integration, ((1/x^1/2-(x-1)^1/2)+(1/(5-3(x-1)^2)^1/2)

((1/x^1/2-(x-1)^1/2)+(1/(5-3(x-1)^2)^1/2)

Create a guessing game for children to teaching maths, E1) Create a guessin...

E1) Create a guessing game for children of Class 2, to familiarise them with the concept of a time interval E2) How could you use group dancing to teach concepts of geometry? Th

Ratio-categories of situations requiring division , Ratio - situations in ...

Ratio - situations in which we need to compare two quantities in terms of their ratio. (e.g., if Munna weighs 40 Kg. and Munni weighs 50 Kg., find the ratio of their weights.)

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