Which of the following is a point estimate?
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
When constructing a 93% confidence interval for a population proportion , what value of should be used as the critical value?
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Verified step by step guidance1
Understand that the critical value \( z \) corresponds to the z-score that captures the middle 93% of the standard normal distribution.
Calculate the significance level \( \alpha \) as \( 1 - 0.93 = 0.07 \). This means the total area in the two tails of the distribution is 0.07.
Since the confidence interval is two-tailed, divide \( \alpha \) by 2 to find the area in each tail: \( \frac{0.07}{2} = 0.035 \).
Find the z-score \( z_{\alpha/2} \) such that the area to the right of this z-score is 0.035, or equivalently, the area to the left is \( 1 - 0.035 = 0.965 \).
Use a standard normal distribution table or a calculator to find the z-score corresponding to a cumulative probability of 0.965, which will give the critical value \( z \) for the 93% confidence interval.
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