This topic contains a solution. Click here to go to the answer

Author Question: A 95 confidence interval means that 95 of all possible random samples will result in an interval ... (Read 75 times)

rmenurse

  • Hero Member
  • *****
  • Posts: 513
A 95 confidence interval means that 95 of all possible random samples will result in an interval that contains the true population value, and 5 of them won't. How could a confidence interval that is based on a random sample not contain the true population value?

Question 2

Statisticians have a phrase, Being a statistician means never having to say you're certain.. Do you know whether the confidence interval constructed by your sample actually contains the true population value? Why or why not?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

djpooyouma

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

5 OF THE SAMPLE RESULTS WILL BE UNUSUALLY HIGH OR UNUSUALLY LOW COMPARED TO THE TRUE POPULATION VALUE, JUST BY CHANCE.

Answer to Question 2

NO, BECAUSE SAMPLE RESULTS VARY. 95 OF THE SAMPLES WILL RESULT IN CONFIDENCE INTERVALS THAT ARE CORRECT, AND 5 WON'T. YOU NEVER KNOW WHETHER A PARTICULAR CONFIDENCE INTERVAL IS CORRECT UNLESS THE TRUTH IS REVEALED AT SOME FUTURE DATE.




rmenurse

  • Member
  • Posts: 513
Reply 2 on: Jul 24, 2018
Thanks for the timely response, appreciate it


Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

For a complete list of videos, visit our video library