Asked by Kellie Siebert on Sep 29, 2024
Doubling the population standard deviation σ has the effect of doubling the width of the confidence interval estimate of μ.
Population Standard Deviation
A measure of the dispersion or spread of a set of data points in a population dataset.
Confidence Interval
A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter with a certain level of confidence.
Population Mean
The average of all observations or scores in a population.
- Understand the impact of variations in sample size and population standard deviation on the confidence interval.
Learning Objectives
- Understand the impact of variations in sample size and population standard deviation on the confidence interval.
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