Confidence interval, Mathematics

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

 

Posted Date: 2/19/2013 12:24:15 AM | Location : United States







Related Discussions:- Confidence interval, Assignment Help, Ask Question on Confidence interval, Get Answer, Expert's Help, Confidence interval Discussions

Write discussion on Confidence interval
Your posts are moderated
Related Questions
Differentiate following functions. (a)    R ( w) = 4 w - 5 log 9 w (b)   f ( x ) = 3e x + 10x 3 ln x Solution :  (a) It will be the only example which doesn't includ

area of curve

Evaluate: 30 - 12÷3×2 =

Evaluate the area and perimeter of a square: Example: Calculate the area and perimeter of a square with a = 5´.  Be sure to include units in your answer. Solution:

the number is 605176 the underline digit is 0


four times an unknown number is equal to twice the sum of five and that unknown number


On a picnic outing, 2 two-person teams are playing hide-and-seek. There are four hiding locations (A, B, C, and D), and the two peoples of the hiding team can hideseparately in any

Maclaurin Series Before working any illustrations of Taylor Series the first requirement is to address the assumption that a Taylor Series will in fact exist for a specifi