Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. what is the purpose of two confidence intervals an

What is the purpose of two confidence intervals and please give an example

80.2K

Verified Solution

Question

Statistics

What is the purpose of two confidence intervals and please give anexample

Answer & Explanation Solved by verified expert
3.8 Ratings (689 Votes)
ANSWERPurpose ofconfidence intervalThe motivation behind certainty interims is to give us a scopeof qualities for our assessed populace parameter as opposed to asolitary worth or a    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The amount of data companies can obtain and store aboutcustomers has grown substantially over...

Accounting
Q

A farmer purchases $500 per day of input supply, 360 days per year. This totals annual...

Finance
Q

Which of the steps involved in historical research that we have described do you think would...

Psychology
Q

27 8 8 A 1 386 B 1 173 C 960 D 426 10 12...

Geometry
Q

Compute the following product of powers of matrices:You can resize a matrix (when appropriate) by...

Algebra
Q

Which of the following would be classed as revenue expenditure for a...

Accounting
Q

After evaluating Null Company's manufacturing process, management decides to establish standards of 3 hours of...

Accounting
Q

Your company currently has $1,000 par, 5.5% coupon bonds with 10 years to maturity and...

Accounting
Q

Budgeted Income Statement and Supporting Budgets The budget director of Birding Homes & Feeders Inc.,...

Accounting
Q

Consider the following two scenarios: Case A On 27 February 20X7, JJJ Inc. upgraded...

Accounting
Q

XYZ Co. has 100,000 shares of stock outstanding; total current assets is P2,050,000, P455,000 of...

Finance
Q

Question 6 (1 point) Listen You are considering an investment that will cost $15,000 and...

Finance