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

Example of set theory, Suggest me the solution: Consider the given unive...

Suggest me the solution: Consider the given universal set T and its subjects C, D and E T = {0, 2, 4, 6, 8, 10, 12} C = {4, 8,} D = {10, 2, 0} E = {0} Find out

What was brian''s total commission on these three sales, Brian is a real es...

Brian is a real estate agent. He forms a 2.5% commission on each sale. During the month of June he sold three houses. The houses sold for $153,000, $299,000, and $121,000. What was

How many relations are possible from a set, How many relations are possible...

How many relations are possible from a set A of 'm' elements to another set B of 'n' elements?     Ans: A relation R from a set A to other set B is specified as any subset of A

Wants to Join as expert, Hi.. This is dinesh kumar I just joined experminds...

Hi.. This is dinesh kumar I just joined experminds.com , i wamt to receive assignment in maths and want to complete students assignment within time. Please help me how i can become

Probability, the probability that an account officer will pass her exam is ...

the probability that an account officer will pass her exam is 5/9. if she pass,the probability that she will be promoted is 3/4. she is not promoted if she fails her professional e

Purely imaginary number, It is totally possible that a or b could be zero a...

It is totally possible that a or b could be zero and thus in 16 i the real part is zero.  While the real part is zero we frequently will call the complex numbers a purely imaginar

Geometry, the segments shown could form a triangle

the segments shown could form a triangle

Percentage, At an office, the manager earns 40% more than a first year empl...

At an office, the manager earns 40% more than a first year employees. The employee earns what fraction of the manager earnings?

Ratios, in a veggie mix the ratio of cups of carrots to cups of broccolie i...

in a veggie mix the ratio of cups of carrots to cups of broccolie is 4 to 5 if you made this party mix larger how many cups of carrots would be needed to mix with fo cups of brocco

the volume of a pyramid, Write a script to determine the volume of a pyram...

Write a script to determine the volume of a pyramid, which is 1/3 * base * height, where the base is length * width.  On time the user to enter values for the length, width, and th

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