MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Estimation
A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.
Question

1. Exploring the role of level of confidence:

b. Construct 1,000 confidence intervals with n = 100, p = 0.3. What proportion of the
99% confidence intervals included the population proportion, 0.3?

Reset and Construct another 1,000 confidence intervals with n = 100, p = 0.3. What
proportion of the 99% confidence intervals included the population proportion, 0.3?

Did the same proportion of intervals include the population proportion each time?
What proportion did you expect to include the population proportion in each part?

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