Discuss the confidence interval approach and the test of significance | ECO 342 Principles of Econometrics | Ashford University

 

The Assignment

Discuss the confidence interval approach and the test of significance approach in hypothesis testing.

Respond to at least two of your classmates’ postings.

Tips & Hints for Success

I specifically discuss confidence intervals and test of significance in my Guidance for this week.  This is also discussed in our text.  My expectation is that you will read these before answering this Discussion.  Be sure to take advantage of these resources in your response.  This will make this Discussion easier and more value-added all around!

These are important concepts that I employ almost every week! 

This Discussion Board seeks to encourage you to consider the similarities and differences (this is what “Discuss” always means in an essay assignment) between the confidence interval approach and test of significance approach to hypothesis testing.  You’ll find the latter discussed in detail beginning on page 68 of Gujarati & Porter.  And, as always, you will want to be sure to read my Supplemental Guidance for a head start!  One of the things that I think you’ll discover is that the confidence interval and test of significance approaches to hypothesis testing are pretty much complementary (e.g., two sides of the same coin)… but they are nonetheless rather different in concept and quite different in practical application.

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Open chat
Hello, welcome to our site. Kindly send us a message and we will be in contact with you right away. "We are simply the best"