The amount of profit that an ice cream truck driver makes in a given day is shown by the equationp is the number of ice creams that he sells and p is the profit for the day. 1.75x- 100 where x %3D

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Confidence Intervals

When we calculate intervals in probability and statistics, it can be simply termed as finding out a confidence interval. The confidence interval is usually calculated from the data set which is observed. The value of the parameter that needs to be calculated is present here only.