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MissTica
3 years ago
11

A random sample has been taken from a normal distribution and the following confidence intervals constructed using the same data

: (25.53, 37.87) and (23.59, 39.81). One of these intervals is a 99% CI and the other is a 95% CI. Please match them.
Mathematics
1 answer:
LuckyWell [14K]3 years ago
4 0

Answer:

(25.53, 37.87): 95% CI

(23.59, 39.81): 99% CI

Step-by-step explanation:

The margin of error of a confidence interval is given by:

M = z*\frac{\sigma}{\sqrt{n}}

In which \sigma is the standard deviation of the population and n is the size of the sample.

z is related to the confidence level. The higher the confidence level, the higher the values of z, and thus, we wider the confidence interval is.

In this question:

The narrower C.I. is the 95%, and the wider is the 99%. So

(25.53, 37.87): 95% CI

(23.59, 39.81): 99% CI

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First note that the full meaning of EBIT is earning before interest and tax.

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3 years ago
Please help ASAP this Is due tomorrow
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