Applied Managerial Statistics – Discussion
Here’s some additional reading to consider about confidence intervals: (ignore the parts about P-values):
- Minimum of 1 scholarly source
Find an example of a confidence interval in the news, scholarly source or medical journal. Summarize the article/study. Does the article/study include the sample size and the level of confidence used to create the confidence interval? Explain what the confidence interval means in context of the news article or scholarly source. How do you think the confidence interval that was presented in the study was calculated? Explain the mathematical concepts could you extract from this article/study.
Show the ability to apply and understand the following:
Given a business situation where a confidence interval is necessary, develop a confidence interval and use it to determine a course of action.
- Minimum of 200 word body.
- APA format for in-text citations and list of references.
- NO PLAGIARISM
DUE: 4/11/20 @ 11PM, Eastern standard time.