Sampling Distributions and Statistical Inference

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 One can calculate the 95% confidence interval for the mean with the population standard deviation known. This will give us an upper and a lower confidence limit. What happens if we decide to calculate the 99% confidence interval? Describe how the increase in the confidence level has changed the width of the confidence interval. Do the same for the confidence interval set at 80%. Include an example with actual numerical values for the intervals in your post to help with your explanations. 

    • 9 years ago
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      • One_can_calculate_the_95_confidence_interval...Detailed_Discussion_with_Examples.docx

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      • Excel.xlsx
      • Confidenceintervalofthe95neW.docx