Explain what is meant by the statement. \"We are 95% confident that an interval

Question

Explain what is meant by the statement. "We are 95% confident that an interval estimate contains mu. Choose the correct answer below. The statement reflects the confidence in the estimation process rather than in the particular interval that is calculated from the sample data. It explains that there is a 95% chance that the interval found contains the true value of mu. The statement reflects the confidence in the particular interval found from this application. It explains that over many repetition of the application using the same procedure, 95% of the resulting intervals will contain mu. The Statement reflects the confidence in the estimation process rather than in the particular interval that is calculated from the sample data. It explains that over many repetitions of this application using the same procedure, 95% of the resulting intervals will contain mu. The statement reflects the confidence in the particular interval found from this application. It explains that there is a 95% chance that the interval found contains the true value of mu.

Explanation / Answer

as confidence interval gives probability to contain the true value of parameter. therefore option D is correct

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