Solved

Recently,a University Surveyed Recent Graduates of the English Department for Their

Question 34

Multiple Choice

Recently,a university surveyed recent graduates of the English Department for their starting salaries.Four hundred graduates returned the survey.The average salary was $25,000 with a standard deviation of $2,500.A 95% confidence interval is constructed.What does the confidence interval mean?


A) The population mean is in the interval
B) The population mean is not in the interval
C) The likelihood that any confidence interval based on a sample of 400 graduates will contain the population mean is 0.95
D) There is a 5% chance that the computed interval does not contain the population mean

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions