Question

Give a correct interpretation of a 99% confidence level of 0.328 < μ < 0.486.

A. 99% of sample means fall between 0.328 and 0.486.


B. There is a 99% chance that the true value of μ will fall between 0.328 and 0.486.


C. We are confident that 99% of values between 0.328 and 0.486 represent the true value of the population mean μ.


D. We are 99% confident that the interval from 0.328 to 0.486 actually does contain the true value of the population mean μ.

Answer 1

D

Explanation:

Lower bound of the population mean is 0.328

Upper bound of the population mean is 0.486

Confidence level is 99%

Therefore, the correct interpolation of the confidence interval is that we are 99% confident that the true value of the population mean is between 0.328 and 0.486