Posting Instructions Learning Outcome: To find a confidence interval for your binomial random variable. Overview: We lea

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899604
Joined: Mon Aug 02, 2021 8:13 am

Posting Instructions Learning Outcome: To find a confidence interval for your binomial random variable. Overview: We lea

Post by answerhappygod »

Posting Instructions Learning Outcome To Find A Confidence Interval For Your Binomial Random Variable Overview We Lea 1
Posting Instructions Learning Outcome To Find A Confidence Interval For Your Binomial Random Variable Overview We Lea 1 (76.43 KiB) Viewed 42 times
Posting Instructions Learning Outcome: To find a confidence interval for your binomial random variable. Overview: We learn in this lesson that we can never be 100% confident in any statistic. Let's use the binomial random variable you created in Discussion 4 to create a few confidence intervals. Step 1: Rewrite your variable and your p from Discussion 4. p=0.384 Step 2: Using the city population of your original sample, create and interpret a 95% confidence interval for your binomial random variable. Round your answer to the nearest hundredth of a percent. Step 3: Using the same sample size, create a 99\% confidence interval. Talk to us about how your confidence interval changed from Step 2 when the confidence level is increased. Step 4: Using a different city population, create a 95% confidence interval for your binomial random variable. Talk to us about how your confidence interval changed from Step 2 when the sample size has increased (or decreased, depending on your new city).
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply