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Home Q & A Board Science-Related Homework Help Mathematics Statistics and Probability
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tennisalex tennisalex
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A year ago
The confidence coefficient is:


▸

the probability that the confidence interval encloses the population parameter in repeated samplings.



▸

the amount of confidence we have that the point estimate accurately depicts the unknown parameter.



▸

the confidence we have that the parameter can be estimated by the chosen estimator.



▸

the coefficient of the estimator that gives the necessary confidence that it is the MVUE (minimum variance unbiased estimator).

Textbook 
Introductory Statistics: A Problem-Solving Approach

Introductory Statistics: A Problem-Solving Approach


Edition: 3rd
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Zigdog4400Zigdog4400
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tennisalex Author
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A year ago
This calls for a celebration Person Raising Both Hands in Celebration
bkrandy
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Thanks for your help!!
foxrcng11
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2 hours ago
Thanks
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