Confidence interval limits actually contain

Assignment Help Basic Statistics
Reference no: EM132024787

Determine whether the statement below makes sense or does not make sense. Explain clearly. Based on our? sample, the? 95% confidence interval for the mean amount of television watched by adults in a nation is 2.7 to 4.5hours per day.?Therefore, there is? 95% chance that the mean for all adults in the nation will fall somewhere in this range and a? 5% chance that it will not.

Choose the correct answer below.

B.The statement makes sense. There is? 95% probability that the confidence interval limits actually contain the true value of the population?mean, so the probability it does not fall in this range is ?100%-?95%=?5%.

D.The statement makes sense. There is? 5% probability that the confidence interval limits do not contain the true value of the sample?mean, so the probability it does not contain the true value of the population mean is also? 5%.

Reference no: EM132024787

Questions Cloud

Develop a product service idea : Develop a product service idea. Describe the product/service including the benefits of using the product/service.
The price of the bonds based on semiannual analysis : Compute the price of the bonds based on a semiannual analysis.
What is the margin of error in cm : What is the margin of error in cm? (Round to one decimal place as needed.)
Preparing analysis of investment opportunity for client : Assume that you are an investment analyst preparing an analysis of an investment opportunity for a client.
Confidence interval limits actually contain : The statement makes sense. There is? 95% probability that the confidence interval limits actually contain the true value of the population?mean
How to protect and minimize consumer risk : Summarize the facts and major points from the article and be sure to identify the ethical issue or issues presented in the article.
What is the calculated chi-squared value : A sample of students responses are reproduced below. Do students prefer a particular type of bar food? Use critical value = 6.58.
Can the loss to depositors be calculated : Can the loss to depositors be calculated? If it can, please compute it.
Determine the economic service life of the asset : At a MARR of 12%, determine the economic service life of the asset.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Sppose the number of children who are obese in the

suppose the number of children who are obese in the united states grew from 1265966 in 2002 to 1819643 in 2007. use

  What value should we expect for our sample percentage of ts

Random Letters Samuel Morse suggested in the nineteenth century that the letter "t" made up 9% of the English language. Assume this is still correct.

  Margin of error me that corresponds to a sample

Find the margin of error M.E. that corresponds to a sample of size 17 with a mean of 40.3 and a standard deviation of 7.8 at a confidence level of 99%.

  What is the probability that the coin tossed on the nth toss

What is the probability that the coin tossed on the nth toss will fall heads if (i) n = 2, (ii) n = 4, (iii) n = 6, (iv) n is very large?

  Write a statistical laboratory report

Write a statistical laboratory report using the guidelines in the assigned article, "How to Write a Statistical Report."

  Give the probability distribution of x

Is X a random variable? Explain your answer.- Give the probability distribution of X.- Explain how you would calculate the mean of X, then calculate it.

  Long term care setting

What do you feel are the challenges of the direct care giver (nurses aid) in the long term care setting?

  What is the probability that oil change will take more

An oil change company advertises that they can change the oil in your car in 15 minutes. Based on the data collected below, what is the probability that oil change will take more than 15 minutes?

  Perform post-hoc comparisons on the data

Luo, Hendriks, and Craik (2007) were interested in whether lists of words might be better remembered if they were paired with either pictures or sound effects.

  Spectrum of a process from a sequence

Bartletts method is used to estimate the power spectrum of a process from a sequence of N = 2000 samples.

  Graphs and statistics using software

The following lab is to give you a chance to generate your own graphs and statistics using software.

  Which method do you believe should be used and why

US GAAP follows the Historical Cost Concept in valuing the cost of long-term assets. Which method do you believe should be used and why?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd