The use of estimates to make the decisions It is important to calculate those estimates to at least six decimal places.
We have given the options that are
A. It is important to always use a 95% confidence level
B. It is important to remember that you will never achieve certainty
C. It is important to calculate those estimates to at least six decimal places.
D. It is important to use a 100% confidence level so as to achieve certainty.
E. All of the above
F. None of the above
We have to determine the correct decision.
Any of numerous procedures used to calculate the value of some property of a population from observations of a sample drawn.
That is we are estimating the value up to 6 decimal places
Therefore option C is correct.
It is important to calculate those estimates to at least six decimal places.
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