AII-S.IC.4

Given a simulation model based on a sample proportion or mean, construct the 95% interval centered on the statistic (+/- two standard deviations) and determine if a suggested parameter is plausible.

Example Problems
What is the critical value for constructing a 90% confidence interval?
What is the critical value for constructing a 95% confidence interval?
What is the critical value for constructing a 94% confidence interval?
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