Question
1. In constructing statistical bounds, would it be possible that the computed upper confidence bound is equal to the lower confidence bound? Briefly describe the
1. In constructing statistical bounds, would it be possible that the computed upper confidence bound is equal to the lower confidence bound? Briefly describe the implication of this scenario.
2. What is the minimum sample size to construct a confidence interval if: (a) the population variance is known; (b) the population variance is unknown.
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Macroeconomics Principles Applications and Tools
Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez
9th edition
978-0134089027, 134089022, 978-0134420684
