Statistics Assignment: Confidence Intervals and Hypothesis Testing
VerifiedAdded on 2022/10/10
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Homework Assignment
AI Summary
This statistics assignment provides solutions to problems involving binomial distributions, confidence intervals, and hypothesis testing using both z-tests and t-tests. The assignment explores the application of these statistical methods, including the calculation of confidence intervals, and the interpretation of p-values. It also covers the concepts of Type I and Type II errors in hypothesis testing, and the conditions under which each is preferable. Furthermore, the assignment includes an analysis of A/B testing within the context of a marketing campaign and the evaluation of a conversion funnel, emphasizing the use of direct customer data for accurate assessment. The solution includes a bibliography citing relevant resources.
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