An Introduction to Statistical Methods and Data Analysis
An Introduction to Statistical Methods and Data Analysis
7th Edition
ISBN: 9781305269477
Author: R. Lyman Ott, Micheal T. Longnecker
Publisher: Cengage Learning
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Estimation
A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.
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Chapter 10.11, Problem 4E

A random sample of 1,200 units is randomly selected from a population. If there are 732 successes in the 1,200 draws.

  1. a. Construct a 95% confidence interval for π.
  2. b. Construct a 99% confidence interval for π.
  3. c. Explain the difference in the interpretation of the two confidence intervals.
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Chapter 10 Solutions

An Introduction to Statistical Methods and Data Analysis

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