If you have a 99% confidence interval for μμ based on a simple random sample, is it correct to say that in the long run, if you computed many, many co

Maiclubk

Maiclubk

Answered question

2021-05-09

If you have a 99% confidence interval for μ;μ; based on a simple random sample, is it correct to say that in the long run, if you computed many, many confidence intervals using the prescribed method, about 99% of such intervals would contain μ;? Explain.

Answer & Explanation

averes8

averes8

Skilled2021-05-10Added 92 answers

Yes, because in 99% of all possible sample of sample size n, the 99% confidence interval will contain μ.

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