User Account

All Pages

Confidence intervals

Assignment Help Basic Statistics
Reference no: EM131500961

"Confidence Intervals" (Note: Please respond to one [1] of the following two [2] bulleted items)

  • The vast majority of the world uses a 95% confidence in building confidence intervals. Give your opinion on why 95% confidence is so commonplace. Justify your response.
  • Construct a hypothetical 95% confidence interval for a hypothetical case of your choosing. Use your own unique choice of mean, standard deviation, and sample size to calculate the confidence interval. Select one (1) option provided below and analyze what will happen to your confidence interval based on the option you selected:The confidence changes to 90%.
  • The confidence changes to 99%.
  • The sample size is cut in half.
  • The sample size is doubled.
  • The sample size is tripled.

Provide a rationale for your response.

Reference no: EM131500961

Questions Cloud

Calculate the total revenue for the new line of sweaters : Calculate the total revenue during the discount sales period. Calculate the total revenue for the new line of sweaters.
Watch the episode from the andy griffith show : Watch the episode from The Andy Griffith Show "High Noon in Mayberry." What lesson is conveyed to the viewer regarding Andy's decision and Barney's behavior?
Read the response of at least one other classmate : Read the response of at least one other classmate. Compare and contrast your responses.
How was monet groundbreaking for his time : How does each artist interact with nature, are they both working out in nature? (referring to CaiGuo-Qiang's outdoor fireworks)
Confidence intervals : The vast majority of the world uses a 95% confidence in building confidence intervals. Give your opinion on why 95% confidence is so commonplace.
Article summary-how change mismanagement created an industry : BSB10178-6 Managing and Leading Change Assessment. Write a summary of the article by identifying and explaining the authors idea and perspective
What current ads set up hypothetically stressful situations : What current ads set up hypothetically stressful situations and then push products as a quick and easy way to relieve the stress? Analyze a few of these ads.
How the data is to be collected including the population : Describes and justifies how the data is to be collected, including the Population (subjects) to be studied and Data collection instruments to be used.
What is the future value of same annuity due : If the future value of an ordinary, 8-year annuity is $8,600 and interest rates are 10.0 percent, what’s the future value of the same annuity due?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd