5.5 - Lesson 5 Summary

In this Lesson, we learned how to apply sampling distribution theory to find confidence intervals for the population mean and the population proportion.

We discussed the important steps required to find confidence intervals.

  • Step 1: Check the Conditions or Assumptions
  • Step 2: Construct the Confidence Interval
  • Step 3: Interpret the CI.

In the next lesson, we will present hypothesis testing and learn how hypothesis tests are related to confidence intervals.