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Example of how a confidence interval could be used

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Reference no: EM131061346

Read the article on "How Confidence Intervals are Used In Business" in the Instructor Insights tab for Week 7

(https://smallbusiness.chron.com/confidence-interval-affects-business-22021.html).

Provide one example of how a confidence interval could be used in a business, sports, health care, political, etc. environment. Please identify a level of confidence in your example (.90, .95, .99). Please explain in your response what concerns you would have using the confidence interval as a valid estimator of a population parameter and how you would go about addressing those concerns

Reference no: EM131061346

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