A random sample of 318 students from a large college were asked if they are planning to visit family during Thanksgiving break. Based on this random sample, a 99% confidence interval for the proportion of all students at this college who plan to visit family during Thanksgiving break is 0.78 to 0.98. Which of the following is the correct interpretation of the confidence interval? options: We are 95% confident that the interval from 0.78 to 0.98 captures the true proportion of all students at this college who plan to visit family during Thanksgiving break.   We are 95% confident that the interval from 0.78 to 0.98 captures the true proportion of all students in this sample who plan to visit family during Thanksgiving break.   We are 95% confident that the interval from 0.78 to 0.98 captures the true proportion of all students at this college who said they plan to visit family during Thanksgiving break.   None of these is correct.

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A:

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.