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Category > Computer Science Posted 19 Sep 2017 My Price 3.00

confidence interval

Critical Thinking If you have a 99% confidence interval for μ based on a simple random sample,

(a) is it correct to say that the probability that μ is in the specified interval is 99%? Explain.

(b) 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.

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Maurice Tutor
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Status NEW Posted 19 Sep 2017 09:09 AM My Price 3.00

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