Use the following
Identify if each of the following statements is a proper interpretation of a 95% confidence interval.
-The probability that the population parameter is in this interval is 0.95.
A) Correct
B) Incorrect

Question

Use the following 
Identify if each of the following statements is a proper interpretation of a 95% confidence interval.
-The probability that the population parameter is in this interval is 0.95.
A) Correct
B) Incorrect

Quizplus · Accepted Answer

A 95% confidence interval means that if we were to take many samples and build a confidence interval from each sample, we would expect 95% of those intervals to contain the population parameter. It does not mean there is a 95% probability that the specific interval calculated from a single sample contains the population parameter.

Use the Following