Give an example of an interval estimate of an average or proportion you may use in your daily life.
Give an example of an interval estimate of an average or proportion you may use in your daily life. For instance, you may say that you are pretty sure your average commute time is between 25-30 minutes, or you are fairly confident that between 60-65% of the population love dogs. Collect some data to see how well your intuition is working. First, does your sample data meet all assumptions necessary to construct the confidence interval of the type you need? Even if it doesn’t, construct and interpret the confidence interval
"96% of our customers have reported a 90% and above score. You might want to place an order with us."
