Question: Based on a sample of 200 observations, a 99% confidence interval is calculated to range from 144 to 168. What does it mean to be

Based on a sample of 200 observations, a 99% confidence interval is calculated to range from 144 to 168. What does it mean to be 99% confident in this interval estimate?

A. A cross repeated samples of that size, the population mean will fall between 144 and 168 99% of the time

B. Given samples of that size, 99% of the time the calculated interval would contain the population mean

C. 99% of the observations in the population from which the sample was drawn fall between 144 and 168

D. 99% of the observations in the sample fall between 144 and 168

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!