A random sample of 25 private universities was selected. A 95% confidence interval for the mean in-state

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A random sample of 25 private universities was selected. A 95% confidence interval for the mean in-state tuition costs at private universities was (22,501, 32,664). Which of the following is a correct interpretation of the confidence level?

a. There is a 95% probability that the mean in-state tuition costs at a private university is between $22,501 and $32,664.

b. In about 95% of the samples of 25 private universities, the confidence interval will contain the population mean in-state tuition.

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Introductory Statistics Exploring The World Through Data

ISBN: 9780135163146

3rd Edition

Authors: Robert Gould, Rebecca Wong, Colleen N. Ryan

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Question Posted: Jul 15, 2021 01:38 AM

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A random sample of 25 private universities was selected. A 95% confidence interval for the mean in-state

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