Discuss the relationship between the sample size and the width of a confidence interval. Which is better,
Question:
Discuss the relationship between the sample size and the width of a confidence interval. Which is better, a wide interval or a tight interval? Why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
The relationship between sample size and the width of a confidence interval is inversely proportiona...View the full answer
Answered By
Lamya S
Highly creative, resourceful and dedicated High School Teacher with a good fluency in English (IELTS- 7.5 band scorer) and an excellent record of successful classroom presentations.
I have more than 2 years experience in tutoring students especially by using my note making strategies.
Especially adept at teaching methods of business functions and management through a positive, and flexible teaching style with the willingness to work beyond the call of duty.
Committed to ongoing professional development and spreading the knowledge within myself to the blooming ones to make them fly with a colorful wing of future.
I do always believe that more than being a teacher who teaches students subjects,...i rather want to be a teacher who wants to teach students how to love learning..
Subjects i handle :
Business studies
Management studies
Operations Management
Organisational Behaviour
Change Management
Research Methodology
Strategy Management
Economics
Human Resource Management
Performance Management
Training
International Business
Business Ethics
Business Communication
Things you can expect from me :
- A clear cut answer
- A detailed conceptual way of explanation
- Simplified answer form of complex topics
- Diagrams and examples filled answers
4.90+
46+ Reviews
54+ Question Solved
Related Book For
Discovering Knowledge In Data An Introduction To Data Mining
ISBN: 9780470908747
2nd Edition
Authors: Daniel T. Larose, Chantal D. Larose
Question Posted:
Students also viewed these Business questions
-
The mean and standard deviation of a random sample of n measurements are equal to 33.9 and 3.3, respectively. a. Find a 95% confidence interval for if n = 100. b. Find a 95% confidence interval for ...
-
A random sample of 70 observations from a normally distributed population possesses a sample mean equal to 26.2 and a sample standard deviation equal to 4.1. a. Find an approximate 95% confidence...
-
Answer T (true) or F (false) to the following: 1. For a normally distributed population of heights of 10,000 women, m = 63 inches and s = 5 inches. The number of heights in the population that fall...
-
Find the values of the parameter p > 0 for which the following series converge. In k
-
1. Grant Thornton was negligent in preparing Keystones financial statements. Was Ellis harmed by this negligence? 2. Was Grant Thornton liable to Ellis? Why not?
-
The State of Virginia has instituted a series of standards of learning (SOL) tests in math, history, English, and science that all high school students must pass with a grade of 70 before they are...
-
The Federal Rules of Civil Procedure have specific requirements for how motions are to be drafted. View the following website: www.casd.uscourts.gov. At the home page, go to Attorney...
-
For each of the following companies, specify whether each company would be more likely to use job costing or process costing. a. Aircraft builder b. Hospital c. Cement plant d. Dentist e. Advertising...
-
Sketch the region whose area is given by the definite integral. 2 (2x + 3) dx
-
Explain what we mean by sampling error.
-
Discuss the relationship between the width of a confidence interval and the confidence level associated with it.
-
How are use cases and related information used by designers when designing application components?
-
Is hazing ever an acceptable initiation process for newcomers?
-
What is a division?
-
Whats the difference between a shift response and a support response?
-
Are there any circumstances in which a Me-orientation becomes necessary when participating in a small group?
-
Do Adolf Hitler, Joseph Stalin, and Kim Jong-un qualify as leaders? Explain your answer.
-
Briefly discuss how each of these purchase considerations would affect your choice of a car: a. Affordability b. Operating costs c. Gas, diesel, hybrid, or electric? d. New, used, or nearly new? e....
-
During 2012, Cheng Book Store paid $483,000 for land and built a store in Georgetown. Prior to construction, the city of Georgetown charged Cheng $1,300 for a building permit, which Cheng paid. Cheng...
-
What things should Target Canada have done differently to be successful?
-
Give an example of a business decisions in this case study that w as facilitated by using social media to interact with customers.
-
Should all companies use Facebook and Twitter for customer service and marketing? Why or why not? What kinds of companies are best suited to use these platforms?
-
5. Let p(x)=3+4ax2 and q(x)=1+2ax2 be polynomials over Zg. Find all a Z8 such that the polynomial p(x)q(x) is equal to the polynomial 3+4x Z8[x]. [3 Marks]
-
S Bill's Wrecker Service has just completed a minor repair on a tow truck. The repair cost was $940, and the book value prior to the repair was $4,810. In addition, the company spent $6,500 to...
-
Find the point of intersection of the following 3 planes in R: x+2y-z=1, x-3y=-5, 2x + y + z = 0 (show all your work)
Study smarter with the SolutionInn App