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

Periodicity, how to find periods in trigon ometry

how to find periods in trigon ometry

Decimals, 2.46825141458*1456814314.446825558556

2.46825141458*1456814314.446825558556

Using pythagorean theorem solve z 2 = ( x + y )2 + 3502, Two people on bik...

Two people on bikes are at a distance of  350 meters.  Person A begin riding north at a rate of 5 m/sec and 7 minutes later on Person B begin riding south at 3 m/sec.  Determine th

Calculate the net amount and distance, 1. A train on the Bay Area Rapid Tra...

1. A train on the Bay Area Rapid Transit system has the ability to accelerate to 80 miles/hour in half a minute. A.   Express the acceleration in miles per hour per minute. B

Prove that the height of the center of the balloon, A round balloon of radi...

A round balloon of radius 'a' subtends an angle θ at the eye of the observer while the angle of elevation of its centre is Φ.Prove that the height of the center of the balloon is a

Explain id amortisation is proper impairment will not arise, If depreciatio...

If depreciation/amortisation is done properly, impairment adjustments will not arise.   Required: Do you agree with the above statement? Critically and fully explain your

Commercial, The C.P. of 20 articles is same as theS.P. of x articles.Articl...

The C.P. of 20 articles is same as theS.P. of x articles.Article profit is 25%.Find x

Computing change for a given coin system, This problem involves the questio...

This problem involves the question of computing change for a given coin system. A coin system is defined to be a sequence of coin values v1 (a) Let c ≥ 2 be an integer constant

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