uppose we find a 99% confidence interval for the true value of the population parameter, π, to be 0.75±0.04 .  Which of the following conclusions is correct?  We are 99% confident that the true value of the population proportion is between 67% and 83%. We are 99% confident that the true value of the population proportion is between 71% and 79%. We are 99% confident that the true value of the population proportion is 75%. The true value of the population proportion is between 71% and 79%. The true value of the population proportion is 75%.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Suppose we find a 99% confidence interval for the true value of the population parameter, π, to be
0.75±0.04

Which of the following conclusions is correct? 

  • We are 99% confident that the true value of the population proportion is between 67% and 83%.
  • We are 99% confident that the true value of the population proportion is between 71% and 79%.
  • We are 99% confident that the true value of the population proportion is 75%.
  • The true value of the population proportion is between 71% and 79%.
  • The true value of the population proportion is 75%.
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