Which of the following claims regarding 95 % confidence intervals is true? Please explain 1. It contains the true value of the parameter in 95 % of the cases when the experiment is repetaed really often. 2. It contains 95 % of all values that are probable for the parameter. 3. It contains 95 % of all values of the parameter that can show up when the experiment is conducted. 4. The probability of it containing the correct value of the parameter are 95 %. 5. R-command:

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Which of the following claims regarding 95 % confidence intervals is true? Please explain
1. It contains the true value of the parameter in 95 % of the cases when the
experiment is repetaed really often.
2. It contains 95 % of all values that are probable for the parameter.
3. It contains 95 % of all values of the parameter that can show up when the
experiment is conducted.
4. The probability of it containing the correct value of the parameter are 95 %.
5. R-command:
Transcribed Image Text:Which of the following claims regarding 95 % confidence intervals is true? Please explain 1. It contains the true value of the parameter in 95 % of the cases when the experiment is repetaed really often. 2. It contains 95 % of all values that are probable for the parameter. 3. It contains 95 % of all values of the parameter that can show up when the experiment is conducted. 4. The probability of it containing the correct value of the parameter are 95 %. 5. R-command:
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