Wednesday
July 29, 2015

Homework Help: Statistics

Posted by Andrew on Friday, July 26, 2013 at 6:00am.

Multiple Choice

Which of the following statements is true about the 95% confidence interval of the average of a sample?

A) 95 of 100 avgs of samples will be within the limits of the confidence interval.

B) There is a 95% chance the avg of the population to be within the limits of this confidence interval.

C) There is a probability of 5% the avg of the population to be within the limits of this confidence interval.

D) If we repeated the survey 100 times, in 95 of them the avg would be within the limits of this confidence interval.

I believe the correct answer is B. Do you agree?

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