Question

Why i cannot construct a 100% interval confidence in statistics and instead of this we construct...

Why i cannot construct a 100% interval confidence in statistics and instead of this we construct 90%,95% or 99% in most cases?

Homework Answers

Answer #1

We can never construct a 100% confidence interval because we can never be 100% confident or sure about anything. There is always some error due to which we cant be 100% certain about the result.

We also know that the margin of error increases with increase in confidence level, so margin of error will be maximum when using 100% confidence interval. Therefore, it is not good to use 100% confidence interval because it will give us maximum amount of margin of error

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
If you construct a 90% confidence interval for the population mean instead of a 95% confidence...
If you construct a 90% confidence interval for the population mean instead of a 95% confidence interval and the sample size is smaller for the 90%, but with everything else being the same, the confidence interval would: a. remain the same b. become narrower c. become wider d. cannot tell without further information.
We would like to construct a confidence interval for the mean μ of some population. Which...
We would like to construct a confidence interval for the mean μ of some population. Which of the following combinations of confidence level and sample size will produce the narrowest interval? A) 99% confidence, n = 35 B) 95% confidence, n = 30 C) 95% confidence, n = 35 D) 90% confidence, n = 30 E) 90% confidence, n = 35
Out of 100 people sampled, 78 had kids. Based on this, construct a 90% confidence interval...
Out of 100 people sampled, 78 had kids. Based on this, construct a 90% confidence interval for the true population proportion of people with kids. As in the reading, in your calculations: --Use z = 1.645 for a 90% confidence interval --Use z = 2 for a 95% confidence interval --Use z = 2.576 for a 99% confidence interval. Give your answers to three decimals Give your answers as decimals, to three decimal places. [,]
My 95% confidence interval of the proportion of times someone goes "Awww" when they see Artemis...
My 95% confidence interval of the proportion of times someone goes "Awww" when they see Artemis is (.67, .89). I calculated this using 1,000 bootstrap samples, where my original sample was 100 showings. For the following scenarios, please pick which of the following confidence intervals would be most appropriate. Explain Why. a. (.72, .83) b. (.67, .89) c. (.52, .99) 1. Instead finding a 90% confidence interval.
If a confidence interval is constructed at a confidence level of 99% instead of 95%: a)Estimation...
If a confidence interval is constructed at a confidence level of 99% instead of 95%: a)Estimation precision decreases b)The precision of the estimate is not altered c)We can accurately calculate the value of the parameter of interest d)Estimation accuracy improves significantly
Construct a 95% confidence interval for the population mean,Assume the population has a normal distribution, A...
Construct a 95% confidence interval for the population mean,Assume the population has a normal distribution, A random sample of 16 fluorescent light bulbs has a mean life of 645 hours with a standard devastion of 31 hours. From the above question calculate the 99% confidence interval for n = 16. then, Letting n= 100, calculate the 95% and 99% confidence intervals (a) What happend to the interval width from 95% to 99% (b) what happend to the interval width from...
We use the t distribution to construct a confidence interval for the population mean when the...
We use the t distribution to construct a confidence interval for the population mean when the underlying population standard deviation is not known. Under the assumption that the population is normally distributed, find tα/2,df for the following scenarios. (You may find it useful to reference the t table. Round your answers to 3 decimal places.) tα/2,df a. A 95% confidence level and a sample of 10 observations. b. A 99% confidence level and a sample of 10 observations. c. A...
We use the t distribution to construct a confidence interval for the population mean when the...
We use the t distribution to construct a confidence interval for the population mean when the underlying population standard deviation is not known. Under the assumption that the population is normally distributed, find tα/2,df for the following scenarios. (You may find it useful to reference the t table. Round your answers to 3 decimal places.) tα/2,df a.A 95% confidence level and a sample of 22 observations. b.A 99% confidence level and a sample of 22 observations. c.A 95% confidence level...
Construct the indicated confidence interval for the population mean of each data set. If it is...
Construct the indicated confidence interval for the population mean of each data set. If it is possible to construct a confidence interval, justify the distribution you used. If it is not possible, explain why. (a) In a random sample of 40 patients, the mean waiting time at a dentist’s office was 20 minutes and the standard deviation was 7.5 minutes. Construct a 95% confidence interval for the population mean. (b) In a random sample of 20 people, the mean tip...
We use the t distribution to construct a confidence interval for the population mean when the...
We use the t distribution to construct a confidence interval for the population mean when the underlying population standard deviation is not known. Under the assumption that the population is normally distributed, find t??2,df for the following scenarios. Use Table 2. (Round your answers to 3 decimal places.) t?/2,df              a. A 95% confidence level and a sample of 8 observations.      b. A 90% confidence level and a sample of 8 observations.      c. A 95% confidence level and a...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT