This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Explain what it would take in order to construct a 100 confidence interval and why that is not ... (Read 44 times)

littleanan

  • Hero Member
  • *****
  • Posts: 575
on: Jul 24, 2018
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.'


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ktidd

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jul 24, 2018
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.


littleanan

  • Member
  • Posts: 575
Reply 2 on: Jul 24, 2018
Gracias!

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Major moons of Uranus in order of increasing distance (left to right), at their proper relative size Major moons of Uranus in order of increasing distance (left to right), at their proper relative size
Over confidence Over confidence
Sample inventory order form. Sample inventory order form.
A pharmacist can explain to a patient why medication may look different and ensure the correct ... A pharmacist can explain to a patient why medication may look different and ensure the correct ...
First-order sensory neuron with encapsulated nerve endings First-order sensory neuron with encapsulated nerve endings
Please explain the different Rf values for xanthophyll’s in paper chromatography compared to ... Please explain the different Rf values for xanthophyll’s in paper chromatography compared to ...
Video: Factors that increase metabolic rate and heat production

For a complete list of videos, visit our video library