STATISTICAL INFERENCE: MAKING DATA-DRIVEN DECISIONS - ONE AND TWO-TAILED TESTS - Hypothesis Testing and Confidence Intervals

3 important questions on STATISTICAL INFERENCE: MAKING DATA-DRIVEN DECISIONS - ONE AND TWO-TAILED TESTS - Hypothesis Testing and Confidence Intervals

True or False. The sample mean (X), is called the point estimate.

True

True or False. Increasing our confidence level makes our confidence interval wider.

True

True or False. You can actually use a confidence interval as part of (or in lieu of) a two tailed hypothesis test by checking if mean falls within the confidence interval.

True

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