Question: Explain why the standard deviation is important for calculating a confidence interval. Another way of asking this is to say, why would the spread of

Explain why the standard deviation is important for calculating a confidence interval. Another way of asking this is to say, why would the spread of the scores in our sample affect how confident we are in our estimate?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!