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Vesnalui [34]
1 year ago
9

Suppose a 95% confidence interval was made to estimate the monthly cost of internet service instead of a 90% confidence interval

. How would the interval change?.
Business
1 answer:
Alex1 year ago
6 0

The 95% confidence interval will be wider than the 90% confidence interval.

In statistics, the likelihood that a population parameter will fall between a set of values for a certain percentage of the time is referred to as a confidence interval. Analysts frequently employ confidence ranges that include 95% or 99% of anticipated observations. Therefore, it may be concluded that there is a 95% likelihood that the real value falls within that range if a point estimate of 10.00 with a 95% confidence interval of 9.50 - 10.50 is derived using a statistical model.

  • The level of certainty or uncertainty in a sampling process is measured by confidence intervals.
  • Additionally, they are employed in regression analysis and hypothesis testing.
  • To determine statistical significance, statisticians frequently combine confidence intervals with p-values.
  • 95% or 99% confidence levels are most frequently used in their construction.

Learn more about Confidence interval, here

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3 years ago
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Answer:

b. capitalized

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The purchase price and all costs to bring an asset to its desired condition and location for use should be capitalized.

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3 years ago
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3 years ago
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The spread is the difference between the bid and ask prices difference between the purchase and sale prices commission charged b
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The difference between the commissions charged by Full service brokers , Discount brokers and Online brokers are is about 60% higher for Full service Brokers

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The difference between the commissions charged by Full service brokers , Discount brokers and Online brokers are is about 60% higher for Full service Brokers

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