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

Question

OverLord2011 [107]

2 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] · Answer 1 · 2022-10-11T02:46:03+03:00

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