Count number of times that confidence interval include value


Use Random Number Generation (RNG) in Analysis ToolPak of Excel to generate n = 5 observations from the Normal distribution N(20, 5). Construct the 95% confidence interval for μ. Repeat this process 100 times and then count the number of times that the confidence interval includes the value μ = 20.

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Basic Statistics: Count number of times that confidence interval include value
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