plan what \"95% confidence\" means in a 95% confidence interval What does \"95%
ID: 3319887 • Letter: P
Question
plan what "95% confidence" means in a 95% confidence interval What does "95% contdence" mean in a 95% confidence interva A. The probabity that the value of the parameter lies between the lower and upper bounds of the interval s 95% The probabilty that it does not is 5% OB. I100 different confidence intervals are constructed each based on a different sample of size n from the same population, then we expect 95 of the intervals to include the ° C. The value of te parameter les wthin 95% of a standard devation of the estimate O D. The contdence nterval includes 95% of all possible values for the parameter paramoter and 5 to not include the parameter Click to select your answerExplanation / Answer
In this case
first option is correct
i.e The probability of the value of the parameter lie between upper and lower of the interval is 95%, the probability that it does not 5%
since probability means always confidence about parameter
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