Confidence Interval - Interpretation A 90% confidence interval estimate for a population mean is constructed using a sample of size 20. The interpretation of this confidence interval estimate is that there is a 90% chance that this interval includes the true population mean.
Confidence Interval - Interpretation A 90% confidence interval estimate for a population mean is constructed using a sample of size 20. The interpretation of this confidence interval estimate is that there is a 90% chance that this interval includes the true population mean.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Confidence Interval - Interpretation
A 90% confidence
there is a 90% chance that this interval includes the true population mean. |
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out of all the possible samples of size 20, there is a 90% chance that we selected a sample |
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90% of the next 100 samples of size 20 will include the true population mean. |
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A and B |
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