Question: Explain what 90% confidence means in a 90% confidence interval. Question content area bottom Part 1 What does 90% confidence mean in a 90% confidence
Explain what "90% confidence" means in a 90% confidence interval. Question content area bottom Part 1 What does "90% confidence" mean in a 90% confidence interval? A. The value of the parameter lies within 90% of a standard deviation of the estimate. B. If 100 different confidence intervals are constructed, each based on a different sample of size n from the same population, then we expect 90 of the intervals to include the parameter and 10 to not include the parameter. C. The confidence interval includes 90% of all possible values for the parameter. D. The probability that the value of the parameter lies between the lower and upper bounds of the interval is 90%. The probability that it does not is 10%
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