What is the correct interpretation for a 95% confidence interval of the population mean μ? The probability that the population mean is in the interval is 5%. In the long run, 95% of the intervals created will contain the population mean. There is a 5% chance that the sample mean will be in the interval. 95% of the population has a value in the confidence interval.
What is the correct interpretation for a 95% confidence interval of the population mean μ? The probability that the population mean is in the interval is 5%. In the long run, 95% of the intervals created will contain the population mean. There is a 5% chance that the sample mean will be in the interval. 95% of the population has a value in the confidence interval.
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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