The general structure of CI : point estimate ± error Suppose we derive 95% CI. 1-a = 0.95 ⇒a= Zą 0.05 → – Z0.025 = 1.96 α 2 = 0.025
The general structure of CI : point estimate ± error Suppose we derive 95% CI. 1-a = 0.95 ⇒a= Zą 0.05 → – Z0.025 = 1.96 α 2 = 0.025
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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explain how z is aquired
Transcribed Image Text:The general structure of CI : point estimate ± error
Suppose we derive 95% CI.
1-a = 0.95 ⇒a=
Zą
0.05 →
– Z0.025
=
1.96
α
2
=
0.025
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