Explain what "98% confidence" means in a 98% confidence interval. ... What does "98% confidence" mean in a 98% confidence interval? O A. If 100 different confidence intervals are constructed, each based on a different sample of sizen from the same population, then we expect 98 of the intervals to include the parameter and 2 to not include the parameter. OB. The probability that the value of the parameter lies between the lower and upper bounds of the interval is 98%. The probability that it does not is 2%. O C. The confidence interval includes 98% of all possible values for the parameter. O D. The value of the parameter lies within 98% of a standard deviation of the estimate.
Explain what "98% confidence" means in a 98% confidence interval. ... What does "98% confidence" mean in a 98% confidence interval? O A. If 100 different confidence intervals are constructed, each based on a different sample of sizen from the same population, then we expect 98 of the intervals to include the parameter and 2 to not include the parameter. OB. The probability that the value of the parameter lies between the lower and upper bounds of the interval is 98%. The probability that it does not is 2%. O C. The confidence interval includes 98% of all possible values for the parameter. O D. The value of the parameter lies within 98% of a standard deviation of the estimate.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![Explain what "98% confidence" means in a 98% confidence interval,
What does "98% confidence" mean in a 98% confidence interval?
O A. If 100 different confidence intervals are constructed, each based on a different sample of sizen from the same population, then we expect 98 of the intervals to include the parameter and 2 to not include the parameter.
O B. The probability that the value of the parameter lies between the lower and upper bounds of the interval is 98%. The probability that it does not is 2%.
O C. The confidence interval includes 98% of all possible values for the parameter.
O D. The value of the parameter lies within 98% of a standard deviation of the estimate.
O Time Remaining: 02:19:13
Next
MacBook Pro
G Search or type URL
esc
&
#3
%24
7
8
4
1
T
Y](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc193c105-11c9-44cc-a7ff-c2d8d94aeaac%2Fece5a762-2103-4f7c-a4c1-df640d009d50%2F7s08e_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Explain what "98% confidence" means in a 98% confidence interval,
What does "98% confidence" mean in a 98% confidence interval?
O A. If 100 different confidence intervals are constructed, each based on a different sample of sizen from the same population, then we expect 98 of the intervals to include the parameter and 2 to not include the parameter.
O B. The probability that the value of the parameter lies between the lower and upper bounds of the interval is 98%. The probability that it does not is 2%.
O C. The confidence interval includes 98% of all possible values for the parameter.
O D. The value of the parameter lies within 98% of a standard deviation of the estimate.
O Time Remaining: 02:19:13
Next
MacBook Pro
G Search or type URL
esc
&
#3
%24
7
8
4
1
T
Y
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Similar questions
- Recommended textbooks for youMATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th…StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C…StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage LearningMATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th…StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C…StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage LearningElementary Statistics: Picturing the World (7th E…StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman