Assume That the Two-Sided 95% Confidence Interval for the Effect

Multiple Choice

Assume that the two-sided 95% confidence interval for the effect of a price on amount of beef purchased is between 0.30 and 0.38. Which of the following statements is incorrect?

A) We will reject the null hypothesis that this coefficient equals zero.
B) There is less than a 2.5% chance that a coefficient higher than 0.38 would produce the coefficient we actually observe.
C) There is a 95% chance that the true coefficient is between 0.30 and 0.38.
D) There is a 95% chance that a random sample will produce a confidence interval that includes the true coefficient.