A city planner would like to estimate the true mean annual income of all households in the city. She selects a random sample of

Question

lina2011 [118]

2 years ago

13

A city planner would like to estimate the true mean annual income of all households in the city. She selects a random sample of

50 households and determines that the 99% confidence interval for the true mean annual income of all households in the city to be $42,000–$68,000. Which of these statements is a correct interpretation of the confidence level?

Mathematics

1 answer:

Bumek [7] · Answer 1 · 2022-07-25T11:47:59+03:00

Bumek [7]2 years ago

6 0

Answer:

If many random samples of size 50 are selected from all households in the city, approximately 99% of the intervals would capture the true mean household income.

Step-by-step explanation:

EDGE2021