The probability that the interval estimation procedure will generate an interval that does not contain the actual value of the population parameter being estimated is the
A) proportion estimate.
B) margin of error.
C) confidence coefficient.
D) same as α.

Question

The probability that the interval estimation procedure will generate an interval that does not contain the actual value of the population parameter being estimated is the​
A) proportion estimate.
B) ​margin of error.
C) ​confidence coefficient.
D) same as α.

Quizplus · Accepted Answer

The probability that the interval estimation procedure will generate an interval that does not contain the actual value of the population parameter is the same as the significance level, denoted by α. This represents the likelihood of making a Type I error, where the true parameter lies outside the confidence interval constructed.

The Probability That the Interval Estimation Procedure Will Generate an Interval