Question: Suppose (16, 54) is a 98% confidence interval estimate for a population mean. a) The point estimatex=........... b) The margin of error =........... c) Which
Suppose (16, 54) is a 98% confidence interval estimate for a population mean.
a) The point estimatex=...........
b) The margin of error =...........
c) Which of the following are true statements?
I. There is a 0.98 probability that is between 16 and 54.
II. There's a 98% chance that any particular value in the population will fall between 16 and 54.
III. 98% of confidence intervals constructed in this population will have a lower limit of 16 and an upper limit of 54.
IV. If 98% confidence intervals are calculated from all possible samples of the given size,is expected to be in 98% of these intervals.
- I and IV
- II and III
- I and III
- IV only
- III only
- I and II
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