statistics

why is the 4% important to the CI? Please give an example.

  1. 👍
  2. 👎
  3. 👁
  1. What 4%? If you are talking about the difference between a CI of 95% and 99%, the latter is more likely to include the true mean. It depends on how much of a risk you want to take in terms of estimating the mean.

    Of course, the larger your n, the more accurate your estimate of the mean, until finally your have measured the whole population and are certain of the mean.

    1. 👍
    2. 👎

Respond to this Question

First Name

Your Response

Similar Questions

  1. writing process

    Choose one of the following topics. Write an 8-paragraph sentence paragraph that fully develops the topic. a. following instructions is very important. b. Advances in technology are making people less social. c. A high school

  2. Science

    Explain in detail what causes tides and give one reason why it is important for humans to monitor tides? My answer: People need to watch the tides because they might be an mini tsunami! Who knows? It is highly important to watch

  3. SS PLEEESSEE HELLP

    Why are banks important to producers? (1 point) Bank loans allow more people to buy products and homes. Savings accounts allow a way to make interest off profits. Checking accounts give a way to take payments from customers.

  4. english

    Please help me to correct my anserw below.thank you Petroleum, or crude oil, is one of the world's (1) _____ natural resources. Plastics, synthetic fibres, and (2) _____ chemicals are produced from petroleum. It is also used to

  1. social studies

    Explain why the Lewis and Clark expedition was important and how it led to the settlement of the Pacific Northwest. Give specific examples.

  2. History

    1. What has been the most significant effect of artistic development in New Mexico since World War II? Give two reasons to justify your answer. 2. List two factors that contributed to the expansion of Native American voting rights

  3. American Literature

    Which virtue on Benjamin Franklin's list do you think is least important?Why? I think that if i had to pick out of the thirteen virtues, industry would be least important. But im not really sure how to explain why its least

  4. Art

    A magazine photographer publishes a book of two years' worth of images on the war in the Middle East. Why is it important for the public to view this collection of art? A. It is important as a way to inspire war protests. B. It is

  1. PSY

    Describe three important functions of the self. Give examples of each.

  2. psy 202

    please help me with writing why is it important to write your goals and formulate it. I started off by saying it is important because it helps you to underline, draw arrows on those important views.

  3. english

    Flattery is as important a machine as the lever, isn't it? Give it a proper place to rest, and it can move the world."

  4. Phi103

    construct three different arguments that display distinict fallacies. Give qan explanation of why each makes a mistake in drawing the conclusion it does. Please can you give me a very good answer to the question for a very

You can view more similar questions or ask a new question.