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Statistics and Probabilities
Stats ST-3
Length of Confidence Interval
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Jhon Lloyd
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The
confidence
level has its corresponding
coefficients
called
confidence
of coefficients.
Confidence interval
or
interval estimate
is a range of values that is used to estimate a parameter.
Confidence Interval
Lower Limit
<
µ
<
Upper Limit
LL =
Sample mean (X)
-
Margin of Error (E)
UL =
Sample mean (X)
+
Margin of Error (E)
Margin of Error
A)
sample size
B)
confidence coefficient
C)
standard deviation
D)
margin of error
4
Confidence Level
is the likelihood measure of the confidence interval that is represented by a percentage.
the confidence coefficient is used to find the margin of error.
Length of the Confidence Interval
L = UL - LL; L =
2E
The Diffferent Formulas:
A)
Lower Limit
B)
Upper Limit
C)
Margin of Error
D)
Length of the Confidence of Interval
4
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