Confidence intervals are calculated around the observed sample mean rather than ì.

Name: Confidence intervals are calculated around the observed sample mean rather than ì.
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Question

Quizplus · Accepted Answer

Confidence intervals are calculated around the observed sample mean as it provides an estimate of the true population mean. The true population mean (ì) is not known and hence, it cannot be used in the calculation of confidence intervals.

Confidence Intervals Are Calculated Around the Observed Sample Mean Rather