Question: Explain what 90% confidence means in a 90% confidence interval. A. If 100 different confidence intervals areconstructed, each based on a different sample of size

Explain what "90% confidence" means in a 90% confidence interval.

A.

If 100 different confidence intervals areconstructed, each based on a different sample of size n from the samepopulation, then we expect 90

90 of the intervals to include the parameter and 10 to not include the parameter.

B.

The probability that the value of the parameter lies between the lower and upper bounds of the interval is 90

90%. The probability that it does not is 10%

C.

The value of the parameter lies within 90% of a standard deviation of the estimate.

D.

The confidence interval includes 90% of all possible values for the parameter.

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!