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Vesnalui [34]
11 months 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:
Alex11 months 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

brainly.com/question/13067956

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Marysya12 [62]

Answer:

yes

Explanation:

cause you still did fraud

3 0
3 years ago
PLEASAE HELP ME YOU GUYS!!!!!!!!!!!!!!! 40 POINTS IF YOU ANWSER ALL!!!!
Natasha_Volkova [10]

Answer:

1. threats to the company

2. is product

3.true

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8 0
2 years ago
41.
dsp73

a) ( 0.8509718, 0.8890282)

b) ( 0.7255, 0.7745)

Explanation:

(a)

Given that , a = 0.05, Z(0.025) =1.96 (from standard normal table)

So Margin of error = Z × sqrt(p × (1-p)/n) = 1.96 × sqrt(0.87 × (1-0.87) / 1200)

=0.01902816

So 95 % confidence interval is

p+/-E  

0.87+/-0.01902816  

( 0.8509718, 0.8890282)

(b)

Margin of error = 1.96 × sqrt (0.75 × (1-0.75) / 1200) = 0.0245

So 95% confidence interval is

p+/-E

0.75+/-0.0245

( 0.7255, 0.7745)

5 0
3 years ago
On July 29, 2016, Wagner Trucking recorded $24,000 in services that they had performed but had not yet been paid by the customer
borishaifa [10]

Answer:

$24,000 = Account receivable

$24,000 = Account payable

Explanation:

Since it is given that

The service is performed of $24,000 but not paid by the customer so the same is to be recorded in the account receivable of the asset account

And, the Dixon trucking had the need to pay to their suppliers for $24,000 that is to be recorded in the account payable of the liabilities account

Both the amount is recorded as an account receivable and the account payable respectively

4 0
3 years ago
Provide an explanation using one appropriate management theory from each of the following: the classical approach, the human rel
Nuetrik [128]

Answer:

The classical approach

Explanation:

The Wells Fargo case clearly depicts the 'Classical Approach' theory.

As you know that the classical approach theory focuses on the efficiency, the output and the productivity of the employees, while leaving behind the focus on the employee job satisfaction and social needs.

This is exactly how Wells Fargo was operating by only focusing on the market capitalization, profit maximizing and ignoring all the employee and customer values and ethical practices.

3 0
3 years ago
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