- 2 95 Confidence Interval X I Iidsample N 50 A For A 95 Confidence Interval For The Sample Average X Explain 1 (44.06 KiB) Viewed 46 times
2. 95% confidence interval: X(i) ~ iidsample n = 50. a. For a 95% confidence interval for the sample average X, explain
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2. 95% confidence interval: X(i) ~ iidsample n = 50. a. For a 95% confidence interval for the sample average X, explain
2. 95% confidence interval: X(i) ~ iidsample n = 50. a. For a 95% confidence interval for the sample average X, explain in detail what happens 95% of the time. b. Draw a picture of (a). Draw a picture of 95% probability interval for X. Compare the two pictures and explain the differences between them if there are any. c. Describe Monte Carlo algorithm for checking your explanation in (a).