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Select "Confhdence Interval for a Mean", set population="bell-shaped", mean= 50, standard deviation=10, n=50 and Confidence Level to 95. i) Select 10 samples and click the Draw Samples Describe what appears: 1. What do the green/red squares represent? 2. What do the lines extending from the squares represent?

Select "Confhdence Interval for a Mean", set population="bell-shaped", mean= 50, standard deviation=10, n=50 and Confidence Level to 95. i) Select 10 samples and click the Draw Samples Describe what appears: 1. What do the green/red squares represent? 2. What do the lines extending from the squares represent?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Select "Confidence Interval for a Mean", set population="bell-shaped", mean= 50, standard deviation=10, n=50 and Confidence Level to 95. i) Select 10 samples and click the Draw Samples Describe what appears: 1. What do the green/red squares represent? 2. What do the lines extending from the squares represent?
Transcribed Image Text:Select "Confidence Interval for a Mean", set population="bell-shaped", mean= 50, standard deviation=10, n=50 and Confidence Level to 95. i) Select 10 samples and click the Draw Samples Describe what appears: 1. What do the green/red squares represent? 2. What do the lines extending from the squares represent?
Coverage of Confidence Interval Nominal confidence level: 95%, n = 50, µ= 50 After 10 simulations: 10 intervals cover, 0 don't Coverage: = 100% cover 0% do not cover 10 40 50 60 70 80 90 100 Population Mean u 30 20
Transcribed Image Text:Coverage of Confidence Interval Nominal confidence level: 95%, n = 50, µ= 50 After 10 simulations: 10 intervals cover, 0 don't Coverage: = 100% cover 0% do not cover 10 40 50 60 70 80 90 100 Population Mean u 30 20
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