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True or False, and explain why. Suppose that we obtain a 95% confidence interval [3.58,5.71] for...

True or False, and explain why.

  1. Suppose that we obtain a 95% confidence interval [3.58,5.71] for the parameter β2. It means that the probability that the true value of β2 is within [3.58, 5.71] is 0.95.

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