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Suppose that the 95% confidence interval for the mean monthly rent for unfurnished one-bedroom apartments available for rent in this community is given by (1350,

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Suppose that the 95% confidence interval for the mean monthly rent for unfurnished one-bedroom apartments available for rent in this community is given by (1350, 1479). Which of the following would be an appropriate interpretation of this 95% confidence interval? The probability that the sample mean is contained in the interval (1350, 1479) is 0.95. The probability that the interval (1350, 1479) contains the true population mean monthly rent u is 0.95. The probability that the interval (1350, 1479) does NOT contains the true population mean monthly rent u is 0.95. O We have 95% confidence that the mean monthly rent u is in this interval (1350, 1479) because the method used to determine such confidence intervals will produce intervals 95% of which will contain u in repeated sampling from the population

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