Question: Consider this confidence interval interpretation: With 99% confidence, the average time it takes passengers of a local airline to claim their luggage is 25 minutes.
Consider this confidence interval interpretation: With 99% confidence, the average time it takes passengers of a local airline to claim their luggage is 25 minutes. What needs to be done to fix this statement? The true parameter needs to be stated correctly and in context. The value of the estimate is not given. The actual confidence interval is not reported. The confidence level is either not reported or not reported correctly
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
