If you have a 99% confidence interval for based on a simple random sample: (a) Is
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(a) Is it correct to say that the probability that μ is in the specified interval is 99%? Explain.
(b) Is it correct to say that in the long run, if you computed many, many confidence intervals using the prescribed method, about 99% of such intervals would contain μ? Explain.
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a No The probability that falls inside th...View the full answer
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Related Book For 
Understanding Basic Statistics
ISBN: 9781111827021
6th Edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase
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