Author Question: What is a confidence coefficient?[br][br][b][color=#A83E49]Question 2[/color][/b][br][br]What is a ... (Read 102 times)

saraeharris

  • Hero Member
  • *****
  • Posts: 546
What is a confidence coefficient?

Question 2

What is a confidence interval?



jamesnevil303

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

For a confidence interval, the proportion of such intervals that would include the population parameter if the process leading to the interval were repeated a great many times.

Answer to Question 2

A confidence interval is an interval estimate for which there is a specified degree of certainty that the actual value of the population parameter will fall within the interval.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

For a complete list of videos, visit our video library