Homework Clinic
Mathematics Clinic => Grade 11 and 12 Mathematics => Topic started by: littleanan on Jul 24, 2018
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Explain what it would take in order to construct a 100 confidence interval and why that is not usually a feasible option.
Question 2
Explain (in words that a non-statistics student would understand) what is meant by a 95 confidence interval.'
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Answer to Question 1
YOU WOULD EITHER HAVE TO 1) MEASURE THE ENTIRE POPULATION AND FIND THE TRUE VALUE (WHICH IS TIME CONSUMING AND EXPENSIVE); OR 2) OFFER THE ENTIRE RANGE OF POSSIBLE VALUES IN YOUR CONFIDENCE INTERVAL (WHICH WOULDN'T BE MEANINGFUL).
Answer to Question 2
AN INTERVAL OF VALUES THAT COVERS THE TRUE POPULATION VALUE FOR 95 OF THE SAMPLES SELECTED.