A dataset is used to construct a 95% confidence interval estimate for a normal population mean u. The interval constructed is 92.7

MATLAB: An Introduction with Applications
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A dataset is used to construct a 95% confidence interval estimate for a normal population mean u. The interval constructed is
92.7 <u<98.5. Choose the correct interpretation of the meaning of "95% confidence" according to the statistical theory.
none of these
O 95% of all populations have a mean that is in this interval.
O The sampling and interval construction procedure is supposed to capture the population mean u with probability 95%.
O We will reject the null hypothesis 95% of the time.
O There is a 95% chance the population mean u is in the given interval.
O We are 95% sure the population mean u is in the given interval.
Transcribed Image Text:A dataset is used to construct a 95% confidence interval estimate for a normal population mean u. The interval constructed is 92.7 <u<98.5. Choose the correct interpretation of the meaning of "95% confidence" according to the statistical theory. none of these O 95% of all populations have a mean that is in this interval. O The sampling and interval construction procedure is supposed to capture the population mean u with probability 95%. O We will reject the null hypothesis 95% of the time. O There is a 95% chance the population mean u is in the given interval. O We are 95% sure the population mean u is in the given interval.
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