Question: Suppose that you find a 90 percent confidence interval for the parameter n, based on a particular sample, and that the confidence limits are 50
Suppose that you find a 90 percent confidence interval for the parameter n, based on a particular sample, and that the confidence limits are 50 and 60.
In terms of the long-run frequency interpretation of probability, how should this confidence statement be interpreted? Might a different interpretation be given by an advocate of subjective, or personal, probability? Explain.
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