Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is the best explanation for what a 95% confidence interval captures? A. A 95% confidence interval captures our level of assurance

Which of the following is the best explanation for what a 95% confidence interval captures? 

A. A 95% confidence interval captures our level of assurance that our statistical conclusions are at cast 95% valid. 

B. A 95% confidence interval captures the range of possible averages we might obtain for a set of data if we collected new data again and again from many samples. 

C.. A 95% confidence interval captures the level of variance in the scores. 

d. A 95% confidence interval captures the probability to which a Type I error (which is 5% per psychology standards) is acceptably.

Step by Step Solution

3.51 Rating (144 Votes )

There are 3 Steps involved in it

Step: 1

confidence interval indicates a range of values that you can be 95 c... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing and Assurance Services A Systematic Approach

Authors: William Messier, Steven Glover, Douglas Prawitt

9th edition

1308361491, 77862333, 978-1259248290, 9780077862336, 1259162346, 978-1259162343

More Books

Students also viewed these Accounting questions

Question

State four main motives firms have to hold cash.

Answered: 1 week ago

Question

Draw a labelled diagram of the Dicot stem.

Answered: 1 week ago