Coverage percent of 95% confidence interval. For this exercise, use the
Confidence Interval applet. Set the confidence level at 95%, and click the "Sample"
button 10 times to simulate 10 confidence intervals. Record the percent hit (that is,
percent of intervals including the population mean). Simulate another 10 intervals by
clicking another 10 times (do not click the "Reset" button). Record the percent hit for
your 20 intervals. Repeat the process of simulating 10 additional intervals and
recording the results until you have a total of 200 intervals. Plot your results and write
summary of what you have found.
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7.97 a. 75.
b. 10.98.
Answers: 2
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Collective bargaining provides for a representative of employees to negotiate with a representative of management over labor issues including wages. true or false?
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Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.
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Coverage percent of 95% confidence interval. For this exercise, use the
Confidence Interval applet...
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