If an Interval Estimate Is Said to Be Constructed at the 90

question 86

Multiple Choice

If an interval estimate is said to be constructed at the 90% confidence level, the confidence coefficient would be

• A)0.1
• B)0.95
• C)0.9
• D)0.05

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Definitions:

Mean

The average of a set of numbers, calculated by adding all the numbers together and dividing by the count of numbers.

Annual Revenue

The total income generated by a company or organization in one fiscal year before any deductions are made.

Standard Deviation

A metric that reflects the degree of spread or scattering of values within a collection, illustrating the deviation of values from the central mean.

Probability

An assessment of the probability that a specific event will happen.