Question

For a confidence interval for population parameter (e.g. the population mean) computed at a 95%

confidence level, what proportion of all possible confidence intervals will contain the true parameter value? Enter answer with 2 decimal places.

Answer 1

Approximately 95% of all possible confidence intervals will contain the true parameter value.

Step-by-step explanation:

The proportion of all possible confidence intervals that will contain the true population parameter value depends on the confidence level. In this case, we have a 95% confidence level. This means that out of every 100 confidence intervals constructed using samples, approximately 95 of them will contain the true population parameter value.