Which of the following is not a time-series model?
Table of contents
- 1. Intro to Stats and Collecting Data1h 14m
- 2. Describing Data with Tables and Graphs1h 55m
- 3. Describing Data Numerically2h 5m
- 4. Probability2h 16m
- 5. Binomial Distribution & Discrete Random Variables3h 6m
- 6. Normal Distribution and Continuous Random Variables2h 11m
- 7. Sampling Distributions & Confidence Intervals: Mean3h 23m
- Sampling Distribution of the Sample Mean and Central Limit Theorem19m
- Distribution of Sample Mean - Excel23m
- Introduction to Confidence Intervals15m
- Confidence Intervals for Population Mean1h 18m
- Determining the Minimum Sample Size Required12m
- Finding Probabilities and T Critical Values - Excel28m
- Confidence Intervals for Population Means - Excel25m
- 8. Sampling Distributions & Confidence Intervals: Proportion1h 25m
- 9. Hypothesis Testing for One Sample3h 29m
- 10. Hypothesis Testing for Two Samples4h 50m
- Two Proportions1h 13m
- Two Proportions Hypothesis Test - Excel28m
- Two Means - Unknown, Unequal Variance1h 3m
- Two Means - Unknown Variances Hypothesis Test - Excel12m
- Two Means - Unknown, Equal Variance15m
- Two Means - Unknown, Equal Variances Hypothesis Test - Excel9m
- Two Means - Known Variance12m
- Two Means - Sigma Known Hypothesis Test - Excel21m
- Two Means - Matched Pairs (Dependent Samples)42m
- Matched Pairs Hypothesis Test - Excel12m
- 11. Correlation1h 24m
- 12. Regression1h 50m
- 13. Chi-Square Tests & Goodness of Fit2h 21m
- 14. ANOVA1h 57m
7. Sampling Distributions & Confidence Intervals: Mean
Introduction to Confidence Intervals
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Join thousands of students who trust us to help them ace their exams!Watch the first videoMultiple Choice
Which of the following best describes a confidence interval for a population mean?
A
It guarantees that the true population mean is within the interval for the current sample.
B
It is an interval that contains of the sample data values.
C
It means there is a probability that the true population mean is exactly at the center of the interval.
D
It is an interval calculated from sample data that, in repeated sampling, would contain the true population mean in about of samples.
Verified step by step guidance1
Understand that a 95% confidence interval (CI) for a population mean is constructed from sample data to estimate the range in which the true population mean likely falls.
Recognize that the confidence level (95%) refers to the long-run proportion of such intervals that will contain the true population mean if we were to take many samples and build intervals each time.
Note that the confidence interval does NOT guarantee the true mean is within the interval for the current sample; rather, it reflects the reliability of the method over many samples.
Recall that the confidence interval is not about containing a certain percentage of sample data values, but about capturing the population parameter (mean) with a specified level of confidence.
Understand that the probability statement applies to the process of interval estimation before the sample is taken, not to the true mean being at a specific point within the interval after it is calculated.
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