The 95% confidence interval is defined as _________. a. an interval such that we
ID: 3268657 • Letter: T
Question
The 95% confidence interval is defined as _________.
a.
an interval such that we are 95% confident that the population value lies within the interval
b.
an interval such that the probability is 0.95 that the interval contains the population value
c.
an interval such that we can reject H0 at á = 0.05
d.
a and b
a.
an interval such that we are 95% confident that the population value lies within the interval
b.
an interval such that the probability is 0.95 that the interval contains the population value
c.
an interval such that we can reject H0 at á = 0.05
d.
a and b
Explanation / Answer
The 95% confidence interval for any parameter represents an interval such that there is a 0.95 probability that the true population parameter would lie in that interval.
Therefore b) is the correct answer here.
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