Quir Quiz 5-Chapters 9 and 1 X De https/kirtlandinstructurecom/ourses/235 1325/q

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Quir Quiz 5-Chapters 9 and 1 X De https/kirtlandinstructurecom/ourses/235 1325/quzzes/4873637/t O ( 110%) , Ia search D Question 11 0.5 pts What does-95% confidence" mean in a 95% confidence interval? lf 100 different confidence intervals are constructed, each based on a different sample of size n from the sample population, then we would expect 95 of the intervals to include the parameter and 5 to not include the parameter. O The probability that the value of the parameter lies between the lower and upper bounds of the interval is 95%. The probability that it does not is 5%. 0 The values of the parameter lies withing 95% of a standard devaation of the estimate. 0 The confidence interval includes 95% of all possible values for the parameter. Question 12 0.5 pts

Explanation / Answer

The 95% confidence mean in a 95% confidence interval is

The probability that the value of the parameter lies between the lower and upper bound of the interval is 95% and 5% not to include the parameter.

The probability that the parameter not included in the given interval is called level of significance.

Here it is 5% level of significance.

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