Question

R1. In this problem we'll run a simulation of a confidence procedure. Here's the setup: generate two random numbers from X~ Unif(c 10,c10). Call these random numbers Xi and X2, and build a confidence interval via: [min(X1, X2), max(Xi, X2)]. Without using the computer at all, determine the confidence level for this procedure. Said differently, what percentage of the time will this random confidence interval capture the unknown parameter c?

Answer 1