Asked by brunika lovett on Sep 29, 2024
The lower limit of the 90% confidence interval for μ,where n = 64, = 70,and σ = 20,is 65.89.
Confidence Interval
Confidence interval is a range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter with a certain level of confidence.
Population Standard Deviation
Population standard deviation is a measure of the dispersion or variation in a set of values from a population, calculating how spread out the values are from the population mean.
Population Mean
The average value of all elements in a population, where the population represents the entire set of interest.
- Understand the critical components necessary for creating a confidence interval for a population mean.
Learning Objectives
- Understand the critical components necessary for creating a confidence interval for a population mean.