discussion question

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irrqhovr

Mathematics

MAT300 Statistics

Description

Week 7 Discussion



Please respond to one (1) of the following two (2) bulleted items:

  • The vast majority of the world uses a 95% confidence in building confidence intervals. Give your opinion on why 95% confidence is so commonplace. Justify your response.
  • Construct a hypothetical 95% confidence interval for a hypothetical case of your choosing. Use your own unique choice of mean, standard deviation, and sample size to calculate the confidence interval.

Select one (1) option provided below and analyze how it will influence your confidence interval:

  • The confidence changes to 90%.
  • The confidence changes to 99%.
  • The sample size is cut in half.
  • The sample size is doubled.
  • The sample size is tripled.

Provide a rationale for your response.

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Explanation & Answer

Attached.

Running Head: Building Confidence Intervals

Building Confidence Intervals
Student Name
Course Name
Institutional Affiliation
Lecturer’s Name
Due Date

1

Building Confidence Intervals
Confidence is the belief and feeling that someone has towards someone else or an object
that of trust and reliability. Building Confidence involves thinking and practicing positivity
towards people. It's it the training and ...


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