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Mathematics 7 Online
OpenStudy (anonymous):

A newspaper ad for a manager trainee position contained the statement "Our manager trainees have a first-year earnings average of $20,000 to $24,000." Do you think that the ad is describing a confidence interval? Explain your answer.

OpenStudy (anonymous):

do you still need help

OpenStudy (anonymous):

yes @andrea238

OpenStudy (anonymous):

@nincompoop

OpenStudy (nincompoop):

no

OpenStudy (nincompoop):

http://en.wikipedia.org/wiki/Confidence_interval

OpenStudy (anonymous):

is it because theres no level of confidence? @nincompoop

OpenStudy (nincompoop):

correct levels of confidence is described by percentage value or by a notation +/-

OpenStudy (anonymous):

so thats it? @nincompoop

OpenStudy (nincompoop):

like 3.00 +/- 0.06 meaning in the range of 2.94 to 3.06

OpenStudy (anonymous):

so for my answer i would put "no this is not a confidence interval because there is no level of confidence (these are described by percentage values/notations)"? @nincompoop

OpenStudy (nincompoop):

correct read the link I provided

OpenStudy (nincompoop):

don't forget to spread the good word : )

OpenStudy (anonymous):

thank you!! @nincompoop

OpenStudy (nincompoop):

you're welcome

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