Confidence Intervals, statistics homework help
I need this assignment in 24 hours. If you don’t think you can do it in that time frame, please do not bid. Answer will be check using multiple plagiarism checkers, so please make sure work is 100% authentic. If you use references, please make sure to cite them properly in text and at the end of the answer. Also, please tell me what bulleted item you decided to talk about. Thank you "Confidence Intervals" (Note: Please respond to one [1] of the following two [2] 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. Read the article on "How Confidence Intervals are Used In Business" (http://smallbusiness.chron.com/confidence-interval-affects-business-22021.html.) Provide one example of how a confidence interval could be used in a business, sports, health care, political, etc. environment. Please identify a level of confidence in your example (.90, .95, .99). Please explain in your response what concerns you would have using the confidence interval as a valid estimator of a population parameter and how you would go about addressing those concerns.
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