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Mathematics, 20.06.2020 02:57 jazzy2971

Q 3.28: To create a confidence interval from a bootstrap distribution using percentiles, we keep the middle values and chop off a certain percent from each tail. Indicate what percent of values must be chopped off from each tail for a 97% confidence level. A : We keep the middle 97% of values by chopping off 1.5% from each tail. B : We keep the middle 1.5% of values by chopping off 97% from each tail. C : We keep the middle 3% of values by chopping off 97% from each tail. D : We keep the middle 3% of values by chopping off 1.5% from each tail. E : We keep the middle 97% of values by chopping off 3% from each tail.

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