I’m studying for my Statistics class and don’t understand how to answer this. Can you help me study?
Give an example of an interval estimate of an average or proportion you may use in your daily life. For instance, you may say that you are pretty sure your average commute time is between 25-30 minutes, or you are fairly confident that between 60-65% of the population love dogs. Collect some data to see how well your intuition is working. First, does your sample data meet all assumptions necessary to construct the confidence interval of the type you need? Even if it doesn’t, construct and interpret the confidence interval.