Question

In constructing 98% confidence intervals for means, what do we expect will be true over the long run?

Answer 1

In constructing 98% confidence intervals for means, it is true that the statistic is good enough, and is less uncertain.

What is a confidence interval?

A confidence interval expresses the degree of uncertainty surrounding a given statistic. A margin of error is frequently used with confidence intervals. It reveals the degree to which you may be certain that the findings of a poll or survey correspond to what you would anticipate discovering if it were possible to poll the complete population. Levels of confidence are inextricably linked to confidence intervals.

Your level of confidence in your findings is shown by the confidence interval. You can never be certain that your results will hold for future surveys or experiments. In statistics, being 95% or 98.5% certain is typically seen as "good enough."

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