In: Math
The mean of the uniform distribution between 0 and 1 is μ = 0.5. Estimate this value with a 95% confidence interval using samples of 100, 200, 400, 800, 1600, 3200, and 6400. Plot the confidence intervals using the computer and show graphically that the estimates converge to 0.5.
Can you show steps in excel or what should I put in column?
Plot below
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