What proportion of sample statistics in a sampling distribution do you expect to have 95% confidence intervals which do NOT contain the true population parameter?
What proportion of sample statistics in a sampling distribution do you expect to have 95% confidence intervals which do NOT contain the true population parameter?
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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
Transcribed Image Text:**Question:**
What proportion of sample statistics in a sampling distribution do you expect to have 95% confidence intervals which do NOT contain the true population parameter?
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**Explanation:**
In the context of confidence intervals, a 95% confidence interval means that we expect 95% of the intervals calculated from repeated sampling to contain the true population parameter. Conversely, this implies that 5% of the intervals will not contain the true population parameter. This question addresses the concept of confidence level and its implications for interpreting statistical results.
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The 95% confidence interval for a population parameter is .
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