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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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Which person would most likely have a good credit report?
Elenna [48]

Answer:

The answer is A

Mark who is always paying his bills on time

3 0
3 years ago
The Japan Airlines CEO's behavior has been unordinary according to usual industry practices. He doesn't have a corporate jet, as
cupoosta [38]

Answer:

Organizational culture

Explanation:

Remember, the CEO holds a leadership role in which he could influence the culture of the organization.

Therefore, by removing the lavish lifestyle common among other CEOs from himself, Japan Airlines CEO is acting as a role model for other employees, so as to mould an organizational culture where workers avoid excessive spending of company money on personal nonessential things.

8 0
3 years ago
Arlene knows it is important to approach business buyers at the right time, often during the first stage of their buying process
dem82 [27]

Arlene knows it is important to approach business buyers at the right time, which is often during the first stage of their buying process.

She stays in touch with her customers, hoping to find out when they are going through: need recognition.

Business buyers

A potential buyer of a business could be an individual, a group of individuals, an institutional investor, a business operating in your sector or one closely related to it, or even a rival firm. Each of them has unique traits, aspirations, workflows, and financial capacities.

To learn more about Business buyers

brainly.com/question/5295378

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5 0
2 years ago
What is not a guideline for evaluating your working main points?
dimaraw [331]
<span>Constructing each point in many different ways is usually not a good way to make one's main points. This will only confuse the reader and give them the belief that the writer doesn't really have that much evidence to back up their main idea. Using a number of different points, while only stating them in one way makes it easier for the reader to see all the different pieces of evidence and how they fit together.</span>
4 0
3 years ago
If education creates external benefits, a. actual market outcomes provide less than the efficient quantity of education. b. actu
777dan777 [17]

Answer:

The correct answer is c. actual market outcomes provide a higher price than the efficient price of education.

Explanation:

In any country, there is a close positive correlation between a greater number of years of study and income, just as a higher degree of education is related to a lower incidence of poverty. In general, knowledge provides a great deal of benefits to its holders, so why might a government policy for investment in human capital be necessary? The answer could be that knowledge generates a series of “external benefits”, which are not always considered by people when making their decisions.

Economic activities generate costs and benefits, which can be private or external. In this way, whoever studies obtains a benefit for himself, for example a better salary, as explained above. That is the private benefit. But a series of external benefits are also generated, for example, the possibility of being better citizens, of improving the communication and performance of people in society, of generating new solutions to different human problems, among many others. Likewise, research and development activities lead to obtaining new knowledge. All these benefits are obtained thanks to preschool, primary, secondary, technical, university education, job training, among others.

4 0
3 years ago
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