Question;Confidence Intervals" (Note: Please respond to one  of the following two  bulleted items);The vast majority of the world uses a 95% confidence in building;confidence intervals. Give your opinion on why 95% confidence is so;commonplace. Justify your response.Construct a hypothetical 95% confidence interval for a hypothetical;case of your choosing. Use your own unique choice of mean, standard;deviation, and sample size to calculate the confidence interval. Select;one (1) option provided below and analyze what will happen to your;confidence interval based on the option you selected;The confidence changes to 90%.The confidence changes to 99%.The sample size is cut in half.The sample size is doubled.The sample size is tripled. Provide a rationale for your response.
Paper#60703 | Written in 18-Jul-2015Price : $22