STATISTICAL TECHNIQUES AND TOOLS
CONFIDENCE INTERVALS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is NOT a common confidence level?
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90%
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95%
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99%
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100%
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Explanation:
Detailed explanation-1: -Answer and Explanation: It is not possible to have 100% confidence. To be 100% confident the entire population has to be enumerated which is not only costly and time-consuming, it is rather an impossible job for the enumerator. Also, having an absurdly wide interval of estimates is also impossible.
Detailed explanation-2: -The most common confidence levels are 90%, 95% and 99%.
There is 1 question to complete.