The user selects the confidence level. It could also be 90 or 99 or 99.9 or another value.
Yes. Simply make sure that the interval is greater than or equal to the range of the random variable.
decrease
70 percent is the greater discount.
35% of 60 is the greater amount.
1 percent is less than 25 percent. 1 percent is greater than 0.25 percent.
Yes. Simply make sure that the interval is greater than or equal to the range of the random variable.
decrease
Three percent is greater.
0.24 percent is the greater.
0.75 percent is greater.
No, it is not. A 99% confidence interval would be wider. Best regards, NS
Say the value is in B3, then the formula would be: =IF(B3>20%,"Significant","ok")
66.2 percent is greater than 35 percent.
0.03 percent is greater than 0.02 percent.
0.2 percent is greater than 0.05 percent.
0.75% is greater.
-30 percent is greater than -50 percent.