Computing estimated value and standard error


Assignment:

Obtain an estimated value and its standard error (either from data or by educated guess) for each of two situations important to your business interests. For each case, find a confidence interval and write a sentence interpreting it. Explain your reasons if you use a confidence level other than 95% or if you use a one-sided confidence interval.

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Basic Statistics: Computing estimated value and standard error
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