100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MATH 221 Week 5 Discussion Post $10.99   Add to cart

Other

MATH 221 Week 5 Discussion Post

 3 views  0 purchase
  • Course
  • Institution

Joseph and Kandy when we develop a confidence interval (CI) we are computing a range of values that’s likely to include a population value with a certain degree of confidence. It is an interval that tells us that the population means lies between an upper and lower interval. What are commonly …...

[Show more]

Preview 1 out of 2  pages

  • July 20, 2022
  • 2
  • 2021/2022
  • Other
  • Unknown
avatar-seller
WEEK 5: CONFIDENCE INTERVAL
CONCEPTS
16 16 unread replies. 157 157 replies.
Look in the newspapers, magazines, and other news sources for results of a survey or
poll that show the confidence interval, usually shows as a +/- some amount. Describe
the survey or poll and then describe the interval shown. How does knowing the interval,
rather than just the main result, impact your view of the results?
This topic was locked Oct 8 at 11:59pm.
View Instructor posts View My Posts Search entries or author Filter replies by unread
Unread Collapse replies Expand replies

Subscribe Subscribed


Collapse SubdiscussionIlina Grantcharova
Ilina Grantcharova
Sep 29, 2018 Sep 29 at 6:17pm
Manage Discussion Entry
Class, let’s start this discussion with a definition of confidence interval for a
population mean.
o

Collapse SubdiscussionCharlene Ruffin
Charlene Ruffi n
Oct 1, 2018 Oct 1 at 11:16am
Manage Discussion Entry
Class, let’s start this discussion with a definition of confidence interval for a
population mean.
According to our lesson confidence intervals are poll results in the news, you often
see +/- 3% at the bottom. If polls come out to 20% with +/- 3% the interval would be
17% to 23%.
So, a 95% confidence interval means that if we took 100 samples of the same size
from the same population, 95 of those confidence intervals would encompass the
TRUE population.
However, there is a 5% chance that the confidence interval we created does not
include the TRUE population mean.




This study source was downloaded by 100000849840424 from CourseHero.com on 07-20-2022 00:26:58 GMT -05:00


https://www.coursehero.com/file/34192440/Math-221-week-5-discussion-newdocx/

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ProfGoodlucK. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79373 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$10.99
  • (0)
  Add to cart