Examlex
Suppose the number y of medical degrees conferred in the United States can be modeled by ,for
,where t is the time in years,with
corresponding to 1972.Use the test for increasing and decreasing functions to estimate the years during which the number of medical degrees is increasing and the years during which it is decreasing.
Confidence Coefficient
The probability level associated with a confidence interval, indicating the frequency with which an estimated interval would include the parameter if the experiment were repeated.
T Value
A value computed from a sample data used in a t-test in statistics that measures the size of the difference relative to the variation in your sample data.
Confidence Interval
A swath of numerical values, from statistics of a sample, aimed at covering the unascertained value of a population parameter.
Margin of Error
The half-width of a confidence interval, representing the maximum expected difference between the true population parameter and a sample estimate of that parameter.
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