Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What would be some problems with this definition of a confidence coefficient? A confidence coefficient, or confidence level, is a measure of the accuracy and

What would be some problems with this definition of a confidence coefficient?

"A confidence coefficient, or confidence level, is a measure of the accuracy and repeatability of a statistical test. Researchers often decide how confident they need to be in their results and set the confidence level accordingly. Together with margin of error, a confidence coefficient defines the expected results of subsequent tests. For example, say the results of a political poll have a 95% confidence coefficient with a 5% margin of error. If that poll were performed 100 more times, 95 of those times the results would fall within the margin of error. The confidence coefficient can be thought of as the percentage of confidence in a finding. In other words, how confident the researcher is in the results."

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Precalculus, Enhanced

Authors: Cynthia Y Young

3rd Edition

1119339510, 9781119339519

More Books

Students also viewed these Mathematics questions