Confidence intervals | Applied Business Probability & Statistics

Assessment Description

Create confidence intervals related to the interval and ratio-level data you collected.

  1. What is the best estimate of the population mean
  2. Develop a 95% confidence interval for the population mean. Develop a 90% confidence interval for the population mean. Develop a 98% confidence interval for the population mean.
  3. Interpret the confidence interval.

Create an individual Excel document for each of the required items.  This is a continuation of the Data Collection assignment, Create Data Set Project, and Descriptive Statistics 

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