Which of the following would be the best interpretation of 99% confidence? A) If

ID: 3256609 • Letter: W

Question

Which of the following would be the best interpretation of 99% confidence?

A) If we were to take 100 samples, then approximately 95 would contain the true value of the mean and approximately 5 would not.

B) If we were to take 100 samples, then approximately 99 would contain the true value of the mean and approximately 1 would not.

C) If we were to take 100 samples, then exactly 99 would contain the true value of the mean and 1 would not.

D) There is a 99% probability that the confidence interval contains the true value of the mean.

E) None of the above.

"D" is NOT the correct answer choice.

The best interpretation of 99% confidence is,

B) If we were to take 100 samples, then approximately 99 would contain the true value of the mean and approximately 1 would not.

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