What is the interpretation of a 96% confidence level? ? A. The interval contains 96% of all
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Question:
What is the interpretation of a 96% confidence level? ?
A. The interval contains 96% of all sample means.
B. There's a 96% chance that the given interval includes thetrue value of the population parameter.
C. Approximately 96 out of 100 such intervals would include thetrue value of the population parameter.
D. There's a 4% chance that the given interval does not includethe true value of the population parameter.
Related Book For
Essentials of Business Analytics
ISBN: 978-1285187273
1st edition
Authors: Jeffrey Camm, James Cochran, Michael Fry, Jeffrey Ohlmann, David Anderson, Dennis Sweeney, Thomas Williams
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