Suppose that a random sample of 50 bottles of a particular brand of cough syrup is selected and the alcohol content of each bottle is determined. Let μ denote the average alcohol content for the population of all bottles of the brand under study. Suppose that the resulting 95% confidence interval is (7.8,9.4). a. Would a 90% confidence interval calculated from this same sample have been narrower or wider than the given interval? Explain your reasoning. b. Consider the following statement: There is a 95% chance that µ is between 8 and 9.4. Is this statement correct? Why or why not? c. Consider the following statement: We can be highly confident that 95% of all bottles of this type of cough syrup have an alcohol content that is between 7.8and 9.4. Is this statement correct? Why or why not? d. Consider the following statement: If the process of selecting a sample of size SO and then computing the corresponding 95% interval is repeated 100 times,95 of the resulting interval will includeµ. Is this statement correct? Why or why not?
Suppose that a random sample of 50 bottles of a particular brand of cough syrup is selected and the alcohol content of each bottle is determined. Let μ denote the average alcohol content for the population of all bottles of the brand under study. Suppose that the resulting 95% confidence interval is (7.8,9.4).
a. Would a 90% confidence interval calculated from this same sample have been narrower or wider than the given interval? Explain your reasoning.
b. Consider the following statement: There is a 95% chance that µ is between 8 and 9.4. Is this statement correct? Why or why not?
c. Consider the following statement: We can be highly confident that 95% of all bottles of this type of cough syrup have an alcohol content that is between 7.8and 9.4. Is this statement correct? Why or why not?
d. Consider the following statement: If the process of selecting a sample of size SO and then computing the corresponding 95% interval is repeated 100 times,95 of the resulting interval will includeµ. Is this statement correct? Why or why not?
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