Question: 2. Using Confidence Interval Assume that you must use a 0.01 significance level to test the claim that s . 5.00. If you plan to
2. Using Confidence Interval Assume that you must use a 0.01 significance level to test the claim that s . 5.00. If you plan to test that claim by constructing a confidence interval, what level of confidence should be used for the confidence interval? Will the conclusion based on the confidence interval be the same as the conclusion based on a hypothesis test that uses the traditional method or the P-value method?
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