Describe confidence interval estimation


Explain Confidence interval for population mean.

Describe Confidence Interval Estimation

Calculate a 95% confidence interval for the population mean based on the sample 10, 12, 13, 14, 15, 16, and 49.  Change the number from 49 to 16 as well as recalculate the confidence interval.  Using the results define the effect of an outlier or extreme value on the confidence interval.

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Basic Statistics: Describe confidence interval estimation
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