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MUST BE WILLING TO COMPLETE PART 2 OF THE PROJECT AS WELL. Course Project 1 UPDATE! (PREVIEW)
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Welcome to Week 6!! In this course we have a Course Project that is broken into two parts. This week, we will focus on Course Project Part I—Confidence Intervals. Please disregard the instructions on the Week 6 Course Project I area and instead follow the instructions below— I will provide you with the 50 pieces of data, topic, and the Course Project Part I Worksheet Template (attached). Fill out the worksheet.
a) Provide a description of the topic. What do you know about the topic? You may bring in outside resources to discuss the topic but make sure reference using APA formatting rules. b) Transfer the 50 pieces of data you were given onto the worksheet. You must provide ALL 50 pieces of data. c) Problem Computations—For the topic, you must answer the following on theworksheet: Determine the mean and standard deviation of the sample. Find the 80%, 95%, and 99% confidence intervals. Make sure to list the margin of error for the 80%, 95%, and 99% confidence interval. Create your own confidence interval (you cannot use 80%, 95%, and 99%) and make sure to show your work. Make sure to list the margin of error. Write a sentence after each confidence interval which explains what the confidence interval means in context of the topic. d) Problem Analysis—Write a half-page reflection. What trend do you see takes place to the confidence interval as the confidence level rises? Explain mathematically why that takes place. Explain how Part I of the project has helped you understand confidence intervals better? How did this project help you understand statistics better?