Respuesta :
The labels in the spreadsheet are in column B, while the score values are in column A. Column C's cells are where the command operations take place. The test results are distributed between 82.516 and 87.85 by adding and subtracting the test score confidence value of 2.667 from the mean of 85.183. Excel instantly translates the formula to the result when you enter the command functions and press "Enter," giving the confidence level of 97% given the alpha value of 0.03, or 3%.
What is excel confidence interval function ?
The Excel Statistical Functions section contains the CONFIDENCE Function. The confidence interval for a population mean will be calculated using the normal distribution, and it will then be returned. For financial analysis, Excel's confidence interval tool is quite helpful. That enhances financial decision-making by enabling financial analysts to anticipate and adjust for a variety of financial goals. To do this, financial data is graphically represented together with a set of distribution parameters. Based on the statistical data offered by the normal distribution, analysts can make better financial decisions. For example, they can determine the relationship between revenue made and income spent on luxuries.
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