Introductory Statistics 9th Edition

Published by Wiley
ISBN 10: 1-11905-571-7
ISBN 13: 978-1-11905-571-6

Chapter 8 - Section 8.2 - Estimation of a Population Mean: σ Known - Exercises - Page 322: 8.7

Answer

The confidence level is denoted by (1-α)100%, and it is associated with a confidence interval to state how much confidence we have that this interval contains the true population parameter. Confidence interval is constructed with regard to a given confidence level and is given as Point estimate ± Margin of error.

Work Step by Step

--
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.