From Monday
- Obtain an original sample (at random) & compute the original sample statistic
- Lay out what the null and alternative hypotheses are
- Determine what sort of random process assumes \(H_0\) while keeping true to how the original sample was selected and the original statistic was calculated
- Create the randomization distribution by repeating the process many times
- Shift this distribution by adding the original statistic (point estimate)
- Compute the appropriate percentiles from this shifted distribution
- 2.5 and 97.5 for 95% confidence level
- 5 and 95 for 90% confidence level
- Interpret the resulting confidence interval in the context of the problem