=+the 95% confidence level, any value of between 9162.5 and 9482.9 is plausible. A confidence level
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=+the 95% confidence level, any value of between 9162.5 and 9482.9 is plausible. A confidence level of 95% implies that 95% of all samples would give an interval that includes , or whatever other parameter is being estimated, and only 5% of all samples would yield an erroneous interval. The most frequently used confidence levels are 95%,
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Related Book For
Applied Statistics For Engineers And Scientists
ISBN: 9781133111368
3rd Edition
Authors: Jay L. Devore, Nicholas R. Farnum, Jimmy A. Doi
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