As part of the course requirement each student taking E270 is to build an interv

Question

As part of the course requirement each student taking E270 is to build an interval with a 95% confidence level for the population mean monthly rent for two-bedroom apartments in Marion County. Each student is required to obtain a random sample of size n = 100. The number of students participating in this project is 294. After each student submits his/her interval estimate, the instructor would expect about

a 279 of these intervals to capture the actual population mean.

b 284 of these intervals to capture the actual population mean.

c 290 of these intervals to capture the actual population mean.

d 95 of these intervals to capture the actual population mean.

Explanation / Answer

a) 279 of these intervals to capture the actual population mean.

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