The level of confidence for a confidence interval is defined by 1 - ?. What does this ? represent?
What will be an ideal response?
? is the probability that the confidence interval does not contain the true population mean.
Business
You might also like to view...
A collective bargaining agreement is
A. the contract governing the collective trust of the owners in a professional sport league. B. the contract between the players and the owners in professional sport. C. another term used for the standard player contract, which governs an individual player-team relationship. D. None of these are correct
Business
Suppose that we determine the probability of a warm winter based on the number of warm winters experienced over the past 10 years. In this case, we have used
A) relative frequency. B) the classical method. C) the logical method. D) subjective probability. E) None of the above
Business