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OverLord2011 [107]
3 years ago
6

Suppose that you take 1000 simple random samples from a population and that, for each sample, you obtain a 95% confidence interv

al for an unknown parameter. Approximately how many of those confidence intervals will contain the value of the unknown parameter?
Mathematics
1 answer:
Bogdan [553]3 years ago
3 0

Using the interpretation of a confidence interval, it is found that approximately 950 of those confidence intervals will contain the value of the unknown parameter.

A x% confidence interval means that we are x% confident that the population mean is in the interval.

  • Out of a large number of intervals, approximately x% will contain the value of the unknown parameter.

In this problem:

  • 95% confidence interval.
  • 1000 samples.

0.95 x 1000 = 950

Hence, approximately 950 of those confidence intervals will contain the value of the unknown parameter.

A similar problem is given at brainly.com/question/24303674

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