Question: Explore the dance of the confidence intervals by generating 95% confidence interval estimates for the population mean fare for each of 2,000 randomly generated samples
Explore the dance of the confidence intervals by generating 95% confidence interval estimates for the population mean fare for each of 2,000 randomly generated samples of sizes = 30 and 100 of passengers of the Titanic. What percentage of the intervals cover the point estimate of the associated mean? If the coverage reliability is not approximately 95%, what do you think is wrong?
The dataset:
https://docs.google.com/spreadsheets/d/17R7Dq3FXP4yGSRhMluwvgT0ysWX6uPuqhZKJ_fAJTGE/edit?usp=sharing
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