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

What day?, together, pearl and harvey are going to visit their aunt on sund...

together, pearl and harvey are going to visit their aunt on sunday. If Pearl visits their aunt every 6 days, while harvey every 8 days, on what day will they visit their aunt toget

Conditional statement, if two lines in s plane never intersect then they ar...

if two lines in s plane never intersect then they are parallel

Triangles, ABC is a triangle right angled at c. let BC=a, CA=b, AB=c and lr...

ABC is a triangle right angled at c. let BC=a, CA=b, AB=c and lrt p be the length of the perpendicular from C on AB. prove that cp=ab and 1/p2=1/a2+1/b2

Determine the angle between dec, Using the example provided below, if the m...

Using the example provided below, if the measure ∠AEB = 5x + 40 and ∠BEC = x + 20, determine m∠DEC. a. 40° b. 25° c. 140° d. 65° c. The addition of the measurem

Example of identify the pre-requisites, Ravi is a teacher of Class 4 in a m...

Ravi is a teacher of Class 4 in a municipal school in Delhi. When the new school year started, he opened the textbook and started teaching the children how to write 4-digit numbers

Compound interest, you have RM5O,OOO to invest,and two fund that you''d li...

you have RM5O,OOO to invest,and two fund that you''d like to invest in.The You-Risk-It Fund yields 14% interest.The Extra-Dull Fund yields 6% interest.Besause of college financial-

Estimate root of given equations, The positive value of k for which x 2 +K...

The positive value of k for which x 2 +Kx +64 = 0 & x 2 - 8x + k = 0 will have real roots . Ans: x 2 + K x + 64 = 0 ⇒  b 2 -4ac > 0 K 2 - 256 > 0 K

Euler method for ode, y'' + 2y = 2 - e-4t, y(0) = 1 use euler''s method wit...

y'' + 2y = 2 - e-4t, y(0) = 1 use euler''s method with a step size of 0.2 to find and approximate values of y

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