Which of the following statements about confidence intervals are true? I. A 95% confidence interval will...
Which of the following statements about confidence intervals are true?
I. A 95% confidence interval will contain the true µ 95% of the time.
II. If ?(|?̅ − µ| > 3) = 0.035. Then a value of µ that is 3 or less units away from ?̅ will be included in the 99% confidence interval.
III. The point estimate ?̅ will be included in a 99% confidence interval.
Homework Answers
From the given information
Statement I and III is true regarding Confidance interval.
I. A 95% confidence interval will contain the true µ 95% of the time
III. The point estimate ?̅ will be included in a 99% confidence interval.
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