Daniel Jassy, CFA, is an Investopedia Academy instructor and the founder of SPYderCRusher Research. He contributes to Excel and Algorithmic Trading. Robert Kelly is managing director of XTS Energy LLC ...

This is a preview. Log in through your library . Abstract This paper obtains and explores a family of confidence procedures for the mean of a normal distribution which are, in a certain sense, more ...

The likelihood ratio method is used to construct a confidence interval for a population mean when sampling from a population with certain characteristics found in many applications, such as auditing.