Calculate 95% and 99% confidence intervals for the Total Assessed Value, Heated Area, Air Conditioning, and Fireplaces
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Question:
Calculate 95% and 99% confidence intervals for the Total Assessed Value, Heated Area, Air Conditioning, and Fireplaces based on your sample data. Keep in mind that these variables arenot the same type. You'll need to decide which formula to use for each variable. There should be a total of 8 confidence intervals calculated, 2 for each of the 4 variables. Show your work in doing these calculations, showing which formula you are using, giving the critical value, standard error, margin of error, etc..
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