Best Math Formula website. Search anything about Math Formula in this website.
what is formula of ci. A confidence interval for a population parameter is a numeric interval that is computed from the sample data. A is the indication of the confidence level.
System Of Equations Word Problems Word Problems Systems Of Equations Word Problem Worksheets from www.pinterest.com
CI X Z x s n In the above equation X represents the mean of the data. S is the standard deviation. Formula Compounding interest CI is a type interest which is calculated on the initial principal amount and the accumulated interest of previous periods of a bank deposit or loan.
To recall the confidence interval is a range within which most plausible values would occur.
The mean of the sample. And for quarterly compound interest compounding period is considered as four years period. There are other formulas used for compound interest as well for calculating interest half yearly as well as quarterly. Your desired confidence level is usually one minus the alpha a value you used in your statistical test.
