random sample has been taken from a normal population and two confidence intervals constructed using exactly the same data. The
1 answer:
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Given-
Cost of milk 4 years ago = £1.05
To find-
Percentage increase in cost
Solution-
Increase in cost = £ ( 1.26 - 1.05 )
→ £ 0.21
Percentage increase :-
Therefore, Percentage increase of the cost of milk over 4 years is <u>2</u><u>0</u><u>%</u> .
✍️ <em>By </em><em>Benjemin</em> ☺️
Answer:
95%
Step-by-step explanation:
For a given sample data, the width of the confidence interval would vary directly with the confidence level i.e. more the confidence level, wider will be the confidence interval.
This is because the critical value associated with the confidence level(e.g z value) becomes larger as the confidence level is increased which results in an increased interval.
The confidence interval for a population proportion is given by the formula:
So, for a fixed value of p,q and n, the larger the value of z the wider will be the confidence interval.
Hence 95% confidence interval will be wider than 80% confidence interval.