In: Statistics and Probability
Find the level of confidence assigned to an interval estimate of the mean formed using the following intervals. (Round your answers to four decimal places.)
(a) x − 0.93·σx to
x + 0.93·σx
(b) x − 1.67·σx to x
+ 1.67·σx
(c) x − 2.17·σx to x
+ 2.17·σx
(d) x − 2.68·σx to x
+ 2.68·σx
Here, = 0.3524 hence, level of confidence= (1-)*100%
level of confidence= (1-0.3524)*100%
level of confidence=64.76%
Here, = 0.0944 hence, level of confidence= (1-)*100%
level of confidence=(1-0.0944)*100%
level of confidence=90.56%
Here, = 0.03 hence, level of confidence= (1-)*100%
level of confidence=(1-0.03)*100%
level of confidence= 97%
Here, =0.0074 hence, level of confidence=(1-)*100%
level of confidence=(1-0.0074)*100%
level of confidence= 99.26%