Question
urgent 4. From a data sample, a 95% confidence interval for the average age of a population is constructed as [45,50]. What is the interpretation
urgent
4. From a data sample, a 95% confidence interval for the average age of a population is constructed as [45,50]. What is the interpretation of this confidence interval?
- There is a 95% confidence that a person's age is between 45 and 50
- There is a 95% probability that a person's age is between 45 and 50
- An average age between 45 and 50 is consistent with the data sample
- An average age between 45 and 50 is contradicted by the data sample
5. An analyst has created a distribution from data regarding delivery times for a particular product. Which of the following could he do with it?
- he can use this distribution to predict future delivery times, since this is actual observed data
- he should try to identify the underlying distribution of delivery times
- he can predict delivery times beyond the range of the observed data
- he should discard the data
6. Which tool is best used to display subsets of data from different viewpoints?
- slicers
- pivot tables
- combo boxes
- pie charts
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