This topic contains a solution. Click here to go to the answer

Author Question: Explain what it would take in order to construct a 100 confidence interval and why that is not ... (Read 111 times)

littleanan

  • Hero Member
  • *****
  • Posts: 575
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
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
Great answer, keep it coming :)


yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Excellent

 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

For a complete list of videos, visit our video library