Multiple Choice
For a given confidence interval, what is the interpretation of a 96% confidence level?
A) 96% chance that the given interval includes the true value of the population parameter
B) Approximately 96 out of 100 such intervals would include the true value of the population parameter
C) 4% chance that the given interval does not include the true value of the population parameter
D) Both a and c are true
Correct Answer:
Verified
Correct Answer:
Verified
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