The ability of an interval estimate to contain the value of the population parameter is described by the
A)confidence level
B)degrees of freedom
C)precise value of the population mean $\mu$
D)degrees of freedom minus 1

Question

Quizplus · Accepted Answer

The ability of an interval estimate to contain the value of the population parameter is described by the confidence level. The confidence level represents the probability that the interval estimate will contain the population parameter. For example, a 95% confidence level means that if the same population were sampled repeatedly and interval estimates were computed for each sample, approximately 95% of those intervals would contain the true population parameter.

The Ability of an Interval Estimate to Contain the Value μ\muμ

The Ability of an Interval Estimate to Contain the Value $\mu$