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StatisticsQ&A LibraryAnother type of confidence interval is called a one-sided confidence interval. A one-sided confidence interval provides either a lower confidence bound or an upper confidence bound for the parameter in question. You are asked to examine one-sided confidence intervals in Exercises One-Sided One-Mean t-Intervals. Presuming that the assumptions for a one-mean t-interval are satised, we have the following formulas for (1-a)-level confidence bounds for a population mean µ: • Lower confidence bound: x-ta s/ √n• Upper confidence bound: x + ta s/ √n Interpret the preceding formulas for lower and upper confidence bounds in words.Start your trial now! First week only $4.99!*arrow_forward*

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Another type of confidence interval is called a one-sided confidence interval. A one-sided confidence interval provides either a lower confidence bound or an upper confidence bound for the parameter in question. You are asked to examine one-sided confidence intervals in Exercises

One-Sided One-Mean t-Intervals. Presuming that the assumptions for a one-mean t-interval are satised, we have the following formulas for (1-a)-level confidence bounds for a population mean µ:

• Lower confidence bound: x-ta s/ √n

• Upper confidence bound: x + ta s/ √n

Interpret the preceding formulas for lower and upper confidence bounds in words.

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