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There is a linear relationship between a person's body mass index (BMI) and their HDL cholesterol. Doctors wanted a 95% confidence interval for the true regression slope for these two variables. They randomly selected 50 patients and measured their BMI and total cholesterol levels. Their resulting confidence interval was (3.966, 9.014). Which of the following is the most appropriate way to report or interpret this interval?
We are 95% confident that the sample regression slope is between 3.966 and 9.014.
We are 95% confident that the population regression slope is between 3.966 and 9.014.
95% of the data are between 3.966 and 9.014.
There is a 95% chance that the true regression slope is between 3.966 and 9.014.
This document contains various important questions and their appropriate answers in the subject field of Economics.
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