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MTH156 Mod 5 CSU Global Confidence Interval for The Mean with The Population Standard Deviation

by | Aug 31, 2021 | MATHEMATICS, MTH156 | 0 comments

by | Aug 31, 2021 | MATHEMATICS, MTH156 | 0 comments

MTH156 Mod 5 CSU Global Confidence Interval for The Mean with The Population Standard Deviation

MTH156 Mod 5 CSU Global Confidence Interval for The Mean with The Population Standard Deviation

One can calculate the 95% confidence interval for the mean with the population standard deviation known. This will give us an upper and a lower confidence limit. What happens if we decide to calculate the 99% confidence interval? Describe how the increase in the confidence level has changed the width of the confidence interval. Do the same for the confidence interval set at 80%. Include an example with actual numerical values for the intervals in your post to help with your explanations.

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