VIEW AHEAD PACKAGE 2026 COMPLETE
RESPONSE BUNDLE GUARANTEED
◉ Margin of Error. Answer: how accurate we believe our estimate is
◉ smaller margin of error. Answer: more precise estimate of
paramter
◉ Confidence Level. Answer: the success rate of the method used to
construct the interval
◉ As confidence level (%) increases. Answer: Z* increases, tail area
decreases
◉ Confidence interval. Answer: x̄ - estime
z* - critical value
sigma over square root of sample - standard deviation of statistic
z* times statistic deviation - margin of error