Concept explainers
Explain confidence interval and the confidence level.
Answer to Problem 16E
The confidence interval and the confidence level are 95%.
Explanation of Solution
Given Information:
Confidence interval = 95%
Population mean = 0.120 to 0.297
Confidence interval is a specified probability so that the value of a parameter lies within it. Similarly confidence level is the probability that the value of a parameter falls within a specified
Hence, the confidence interval and the confidence level are 95%.
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