Multiple Choice
Use the following information to answer questions (12) -(15) . Many couples believe that it is getting too expensive to host an "average" wedding in the United States. According to a statistics study in the U.S., the average cost of a wedding in the U.S. in 2014 was $25,200. Recently, in a random sample of 35 weddings in the U.S. it was found that the average cost of a wedding was $24,224 with a standard deviation of $2,210.
-Which is the best interpretation of a 95% confidence interval for the sample mean.?
A) The 95% confidence interval means that we are 95% confident that the sample mean is between the low and high interval values.
B) The 95% confidence interval means that there is a 95% probability that the population mean is between the low and high interval values.
C) The 95% confidence interval means that we are 95% confident that the population mean is between the low and high interval values.
D) The 95% confidence interval means that there is a 95% probability that the sample mean is between the low and high interval values.
Correct Answer:

Verified
Correct Answer:
Verified
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