Asked by Aerin Espinal on Sep 29, 2024
A 95% confidence interval estimate for a population mean μ is determined to be 75 to 85.If the confidence level is reduced to 80%,the confidence interval for μ becomes wider.
Confidence Level
The probability that the value of a parameter falls within a specified range of values.
- Acquire insight into the procedures for creating a confidence interval and the elements that determine its width.
- Understand the significance of the confidence level within confidence intervals.
Learning Objectives
- Acquire insight into the procedures for creating a confidence interval and the elements that determine its width.
- Understand the significance of the confidence level within confidence intervals.