Describe how you could use confidence intervals to help make a decision in your current job, a past job, or a life situation. Include a description of the decision, how the interval would impact the decision, and how data could ideally be collected to determine the interval.

A

Everyday use of the concept of confidence intervals that I can think of is buying clothes. It is common knowledge that sizing is often arbitrary and depends on the company. Sometimes, however, I think it is neither negligence nor malicious intent. People come in many shapes and sizes, and it is difficult to systematize all the variations. Once my friend and I bought jeans that were the same size from the same brand. Out of curiosity, we measured the waist on both pairs of jeans, and it turned out that while the label stated 32”, the measure of my jeans was 31.8”, and my friend’s – 32.2”. Turns out, when manufacturing clothes, there is a certain margin of error (5% if the confidence interval is set at 95%) that needs to be considered. The data collection method, in this case, would be studying a clothing brand’s available information on sizing and calculating error margins to know whether a certain piece would fit me.

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Academic.Tips. (2021) 'Describe how you could use confidence intervals to help make a decision in your current job, a past job, or a life situation. Include a description of the decision, how the interval would impact the decision, and how data could ideally be collected to determine the interval'. 9 July.

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Academic.Tips. (2021, July 9). Describe how you could use confidence intervals to help make a decision in your current job, a past job, or a life situation. Include a description of the decision, how the interval would impact the decision, and how data could ideally be collected to determine the interval. Retrieved from https://academic.tips/question/describe-how-you-could-use-confidence-intervals-to-help-make-a-decision-in-your-current-job-a-past-job-or-a-life-situation-include-a-description-of-the-decision-how-the-interval-would-impact-the-d/

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Academic.Tips. 2021. "Describe how you could use confidence intervals to help make a decision in your current job, a past job, or a life situation. Include a description of the decision, how the interval would impact the decision, and how data could ideally be collected to determine the interval." July 9, 2021. https://academic.tips/question/describe-how-you-could-use-confidence-intervals-to-help-make-a-decision-in-your-current-job-a-past-job-or-a-life-situation-include-a-description-of-the-decision-how-the-interval-would-impact-the-d/.

1. Academic.Tips. "Describe how you could use confidence intervals to help make a decision in your current job, a past job, or a life situation. Include a description of the decision, how the interval would impact the decision, and how data could ideally be collected to determine the interval." July 9, 2021. https://academic.tips/question/describe-how-you-could-use-confidence-intervals-to-help-make-a-decision-in-your-current-job-a-past-job-or-a-life-situation-include-a-description-of-the-decision-how-the-interval-would-impact-the-d/.

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Academic.Tips. "Describe how you could use confidence intervals to help make a decision in your current job, a past job, or a life situation. Include a description of the decision, how the interval would impact the decision, and how data could ideally be collected to determine the interval." July 9, 2021. https://academic.tips/question/describe-how-you-could-use-confidence-intervals-to-help-make-a-decision-in-your-current-job-a-past-job-or-a-life-situation-include-a-description-of-the-decision-how-the-interval-would-impact-the-d/.

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"Describe how you could use confidence intervals to help make a decision in your current job, a past job, or a life situation. Include a description of the decision, how the interval would impact the decision, and how data could ideally be collected to determine the interval." Academic.Tips, 9 July 2021, academic.tips/question/describe-how-you-could-use-confidence-intervals-to-help-make-a-decision-in-your-current-job-a-past-job-or-a-life-situation-include-a-description-of-the-decision-how-the-interval-would-impact-the-d/.

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