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

Probability, I don''t understand the AND/OR rules and how they apply to pro...

I don''t understand the AND/OR rules and how they apply to probability

Exponential and logarithm equations, Exponential and Logarithm Equations ...

Exponential and Logarithm Equations : In this section we'll learn solving equations along with exponential functions or logarithms in them. We'll begin with equations which invol

How far apart are the two boats, Two boats leave the same port at the same ...

Two boats leave the same port at the same time. One travels at a constant speed of 30 km/hr at a bearing of 50° and the other on a bearing of 110° at a constant speed of 26 km/hr.

Least cost method in operations research, algorithm and numerical examples ...

algorithm and numerical examples of least cost method

Positive integer, (a)   Specify that  the sum of  the degrees  of all verti...

(a)   Specify that  the sum of  the degrees  of all vertices of a graph  is double the number of edges  in  the graph.                            (b)  Let G be a non directed gra

Permutations and Combinations, How many 4 digit number lass than 6000 can b...

How many 4 digit number lass than 6000 can be made with the digits 7,6,4 and 2 if digits are not repeated?

Equal matrices - linear algebra and matrices, I need assignment help for Eq...

I need assignment help for Equal Matrices. can you please define Equal Matrices?

Calculus, What is the slope of the line tangent to f(x)=3-2 ln(2x^2+4) at t...

What is the slope of the line tangent to f(x)=3-2 ln(2x^2+4) at the point (4, f(4))

Mensuration of plane figures, a sail has a spread of canvas as measured 12'...

a sail has a spread of canvas as measured 12'',12'', 15'' and 9'' and it has 90 degrees. Find the area of one side of the sail

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