True or False:
1. A confidence interval is used for estimating a population parameter.
2. A confidence interval always captures the sample statistic.
3. A confidence interval always captures the population parameter.
4. When constructing a confidence intervals we should always use Z-critical values.
5. The margin of error determines the center location of the confidence interval.
6. In general, we would like to have a precise confidence interval while having a high level of confidence.
Answer)
1)
True, confidence interval is used for estimating the population parameter.
2)
Confidence interval is given by
(Sample mean - Margin of error, Sample mean + margin of error)
So, answer is true,
A confidence interval always captures the sample statistic.
3)
False.
Because not always.
For example if we have calculated a 95% confidence interval.
Then it will capture the population parameter 95% of the times.
4)
False.
We can aslo use t distribution table.
It depends, if population variance is known or not.
If known then z.
If unknown then t.
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