The probability that a confidence level will include a population parameter is called
A)precision level
B)critical value
C)standard deviation
D)confidence level

Question

Quizplus · Accepted Answer

The probability that a confidence level will include a population parameter is called the confidence level. This is because a confidence level represents the percentage of times that the interval estimate will contain the true population parameter if the sampling and estimation process is repeated many times. Therefore, the higher the confidence level, the more certain we can be that the interval estimate contains the true population parameter.

The Probability That a Confidence Level Will Include a Population