The following definition of a confidence interval was found on a web page at the National Institute
Question:
The following definition of a confidence interval was found on a web page at the National Institute of Standards and Technology. “Confidence intervals are constructed at a confidence level, such as 95%, selected by the user. . . . It means that if the same population is sampled on numerous occasions and interval estimates are made on each occasion, the resulting intervals would bracket the true population parameter in approximately 95% of the cases.” Is this a correct interpretation of the confidence interval? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
The Analysis Of Biological Data
ISBN: 9781319226237
3rd Edition
Authors: Michael C. Whitlock, Dolph Schluter
Question Posted: