Business, 25.11.2021 05:50 pstat

Coverage percent of 95% confidence interval. For this exercise, use the Confidence Interval applet. Set the confidence level at 95%, and click the "Sample"

button 10 times to simulate 10 confidence intervals. Record the percent hit (that is,

percent of intervals including the population mean). Simulate another 10 intervals by

clicking another 10 times (do not click the "Reset" button). Record the percent hit for

your 20 intervals. Repeat the process of simulating 10 additional intervals and

recording the results until you have a total of 200 intervals. Plot your results and write

summary of what you have found.

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7.97 a. 75.

b. 10.98.

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Coverage percent of 95% confidence interval. For this exercise, use the Confidence Interval applet...