Question: Module 5 Discussion: Intervals Module 5 Discussion: Intervals Instructions: - Alternative Formats Discussion Questions: Using what you learned in this weeks lessons, answer the following

Module 5 Discussion: IntervalsModule 5 Discussion: Intervals

Instructions:

- Alternative Formats

Discussion Questions:

Using what you learned in this weeks lessons, answer the following questions:

  1. What is the difference between a point estimate and an interval estimate? Give an example of each.
  2. Suppose the 95% confidence interval for a population mean is (56.56, 62.39), write a sentence interpreting this interval. What does the phrase "95% confidence" mean in this context?
  3. At a fixed confidence level, what effect will increasing the sample size have on the length of a confidence interval?

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