Final answer:
The correct interpretations are that with 98% confidence, the mean width of a randomly selected widget will be between 14.7 and 20.9, and with 98% confidence, the interval between 14.7 and 20.9 contains the mean width of all widgets.
Step-by-step explanation:
The correct interpretations of the interval 14.7<μ<20.9 are:
- The mean width of all widgets is between 14.7 and 20.9, 98% of the time: This is not true because the 98% confidence level refers to the confidence in the estimation, not the frequency of the true mean falling within the interval.
- With 98% confidence; the mean width of a randomly selected widget will be between 14.7 and 20.9. This is a correct interpretation. It implies that 98% of intervals constructed in the same manner will contain the true population mean.
- With 98% confidence; the interval between 14.7 and 20.9 contains the mean width of all widgets. This is also a correct interpretation. The true mean width falls within this interval with 98% confidence.