A 99 percent confidence interval allows us to say that if we took many, many samples from the population:
A) all of the samples would contain a range that included the population parameter
B) 99 percent of the samples would contain a range that included the population parameter
C) 99 percent of the samples would allow us to estimate the mean within + or - 1 percent
D) 1 percent of the samples would contain a range that included the population parameter
E) 1 percent of the samples would allow us to estimate the mean with + or - 1 percent

Question

Quizplus · Accepted Answer

A 99 percent confidence interval means that if we were to take many, many samples from the population, 99 percent of these samples would contain a range that would include the population parameter. Therefore, option B is the correct answer.

A 99 Percent Confidence Interval Allows Us to Say That