Question

A confidence interval estimate of a population parameter contains the unlikely values of that parameter. True...

A confidence interval estimate of a population parameter contains the unlikely values of that parameter.

True

False

Homework Answers

Answer #1

Please don't hesitate to give a "thumbs up" for the answer in case the answer has helped you

Answer: False.

Reason:

Confidence intervals provide a range of values that is likely to contain the population parameter of interest

or A Confidence interval is a range of values that likely would contain an unknown population parameter. Confidence level refers to the percentage of probability, or certainty, that the confidence interval would contain the true population parameter

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Confidence intervals seek to estimate a population parameter with an interval of values calculated from an...
Confidence intervals seek to estimate a population parameter with an interval of values calculated from an observed sample statistic. Demonstrate that you understand this concept by describing a situation in which one could use a sample mean or sample proportion to produce a confidence interval as an estimate of a population mean or population proportion. I am asking you to make up a situation where a confidence interval might be computed. Clearly identify the population, sample, parameter, and statistic involved...
True or False: 1. A confidence interval is used for estimating a population parameter. 2. A...
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.
Unfortunately, a sample (even a representative sample) is very unlikely to yield a statistic that is...
Unfortunately, a sample (even a representative sample) is very unlikely to yield a statistic that is exactly the same as the corresponding parameter. For this reason, a confidence interval can be constructed by adding and subtracting an amount (known as the standard error) to a sample statistic (known as the point estimate). With the results, a confidence interval provides a range of plausible values for the true parameter. True False
True/False: An estimator used for estimating some parameter, is expected to estimate the population parameter without...
True/False: An estimator used for estimating some parameter, is expected to estimate the population parameter without error. True False
True/False: Different samples will produce different interval estimates of the mean parameter of the population. True...
True/False: Different samples will produce different interval estimates of the mean parameter of the population. True False
TRUE OR FALSE we perform a hypothesis test to estimate the population parameter
TRUE OR FALSE we perform a hypothesis test to estimate the population parameter
Suppose you construct a confidence interval for the population mean. Then, your point estimate – the...
Suppose you construct a confidence interval for the population mean. Then, your point estimate – the sample mean – will ALWAYS fall inside the confidence interval no matter what level of confidence you use. Group of answer choices True False
2) Referring to Scenario 8-2, the critical value to use in obtaining the confidence interval is...
2) Referring to Scenario 8-2, the critical value to use in obtaining the confidence interval is ________.           2) _____ 3) Referring to Scenario 8-2, the confidence interval goes from ________ to ________.          3) _____________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 4) True or False: A point estimate consists of a single sample statistic that is used to estimate the true population parameter.           4) _______ A) True                 B) False 11) True or...
A 99% confidence interval estimate of the population mean ? can be interpreted to mean: a)...
A 99% confidence interval estimate of the population mean ? can be interpreted to mean: a) if all possible sample are taken and confidence intervals created, 99% of them would include the true population mean somewhere within their interval. b) we have 99% confidence that we have selected a sample whose interval does include the population mean. c) we estimate that the population mean falls between the lower and upper confidence limits, and this type of estimator is correct 99%...
The sample mean always lies at the center of the confidence interval for the true population...
The sample mean always lies at the center of the confidence interval for the true population mean ( µX ). The sample mean is also known as the best point estimate for µX . The true population mean is always in a 90% confidence interval for µX . If one-hundred (100) 95% confidence intervals for µX are created from some population, the true population mean is likely to be in approximately 95 of these 100 confidence intervals.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT