With regard to building a confidence interval, what is the correct order:
A) actual distance, number of standard errors, percentage probability
B) number of standard errors, actual distance, percentage probability
C) percentage probability, number of standard errors, actual distance
D) percentage probability, actual distance, number of standard errors

Question

Quizplus · Accepted Answer

The correct order for building a confidence interval is first determining the percentage probability (confidence level), then calculating the number of standard errors (margin of error), and finally determining the actual distance (range of values) around the sample statistic.

With Regard to Building a Confidence Interval, What Is the Correct