Let's consider a 98% confidence interval of the average number of minutes someone finishes a race. The interval is 55 to 65 in a sample of 500 runners. Given what you learned in this chapter, how would this be strictly interpreted? 98% of the sample of runners finished between 55 and 65 minutes. If the sampling procedure were repeated many times, 98% of the sample means would be between 55 and 65. 2% of the sample of runners finished between 55 and 65 minutes. If the sampling procedure were repeated many times, 98% of the resulting confidence intervals would contain the population mean resting heart rate.

Answered: Let's consider a 98% confidence…

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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Let's consider a 98% confidence interval of the average number of minutes someone finishes a race. The interval is 55 to 65 in a sample of 500 runners. Given what you learned in this chapter, how would this be strictly interpreted?

		98% of the sample of runners finished between 55 and 65 minutes.
		If the sampling procedure were repeated many times, 98% of the sample means would be between 55 and 65.
		2% of the sample of runners finished between 55 and 65 minutes.
		If the sampling procedure were repeated many times, 98% of the resulting confidence intervals would contain the population mean resting heart rate.

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