Question: Consider the confidence interval for with known standard deviation : where 1 2 . Let 0.05 and find the interval
Consider the confidence interval for with known standard deviation :
where 1 2 . Let 0.05 and find the interval for
1 2 2 0.025. Now find the interval for the case
1 0.01 and 2 0.04. Which interval is shorter? Is there any advantage to a “symmetric” CI?
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