In Chapter 8 of your text, read the interpretation of confidence intervals. Find a journal article from the library that incorporates repeated sampling. This may be stated or implied. Use the explanation in the last paragraph of the section on interpretation of confidence intervals to describe your data. Cite your sources. APA style
Find an article that incorporates research of confidence intervals to market a new product. Summarize the information gained from your research. Based on the research, is it wise to go ahead and market the product? Support your ideas with cited sources.
- Johnson, Richard A. & Gouri K. Bhattacharyya. (2014). Statistics: Principles & Methods. (7th Ed.). Hoboken, New Jersey: John Wiley & Sons, Inc. ISBN: 9781119049661. ISBN: 9781118192450 (includes WileyPLUS). ISBN: 9781118190975 (WileyPLUS stand-alone)