Answer the following questions for a 99% confidence interval for μ based on a simple random sample. (a) Is it correct to say that the probability that is in the specified interval is 99%? Explain. O No. The probability that u falls inside the interval is 0 or 1. O Yes. The probability that u falls inside the interval is 0 or 1. O Yes. The probability that u falls inside the interval is 99%. O No. The probability that u falls inside the interval is 99%. (b) Is it correct to say that in the long run, if you computed many, many confidence intervals using the prescribed method, about 99% of such intervals would contain μ? Explain. O Yes. 99% of intervals constructed using this method will capture the population mean μ. O No. 1% of intervals constructed using this method will capture the population mean . O Yes. 1% of intervals constructed using this method will capture the population mean μ. O No. The probability that u falls inside the interval is 0 or 1.

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Answer the following questions for a 99% confidence interval for μ based on a simple random sample.
(a) Is it correct to say that the probability that is in the specified interval is 99%? Explain.
O No. The probability that u falls inside the interval is 0 or 1.
O Yes. The probability that u falls inside the interval is 0 or 1.
O Yes. The probability that u falls inside the interval is 99%.
O No. The probability that u falls inside the interval is 99%.
(b) Is it correct to say that in the long run, if you computed many, many confidence intervals using the prescribed method, about 99% of such intervals would contain μ? Explain.
O Yes. 99% of intervals constructed using this method will capture the population mean μ.
O No. 1% of intervals constructed using this method will capture the population mean μ.
O Yes. 1% of intervals constructed using this method will capture the population mean μ.
O No. The probability that u falls inside the interval is 0 or 1.
Transcribed Image Text:Answer the following questions for a 99% confidence interval for μ based on a simple random sample. (a) Is it correct to say that the probability that is in the specified interval is 99%? Explain. O No. The probability that u falls inside the interval is 0 or 1. O Yes. The probability that u falls inside the interval is 0 or 1. O Yes. The probability that u falls inside the interval is 99%. O No. The probability that u falls inside the interval is 99%. (b) Is it correct to say that in the long run, if you computed many, many confidence intervals using the prescribed method, about 99% of such intervals would contain μ? Explain. O Yes. 99% of intervals constructed using this method will capture the population mean μ. O No. 1% of intervals constructed using this method will capture the population mean μ. O Yes. 1% of intervals constructed using this method will capture the population mean μ. O No. The probability that u falls inside the interval is 0 or 1.
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