Question

Suppose we create 100 different 95% confidence intervals based on 100 different samples from a population. Assuming we followed proper procedures, approximately how many confidence intervals would NOT contain the population mean

Answer 1

Make certain to take note of that the populace parameter is anything but an irregular variable. Or maybe, the likelihood explanation is made about examples. In the event that we drew 100 examples of a similar size, we would get 100 diverse example means and 100 distinctive certainty interims. We expect that in 95 of those examples the populace parameter will exist in the assessed 95% certainty interim, in the other 5 the 95% certainty interim we exclude the genuine estimation of the populace parameter.

Step-by-step explanation:

The exactness of a point estimator relies upon the qualities of the inspecting dispersion of that estimator. On the off chance that, for instance, the testing dispersion is around typical, at that point with high likelihood (around .95) the point gauge falls inside 2 standard blunders of the parameter. Since the point gauge is probably not going to be actually right, we typically indicate a scope of qualities wherein the populace parameter is probably going to be.