Suppose that you take 1000 simple random samples from a population and that, for

York

York

Answered question

2021-11-07

Let's say you select 1000 samples at random from a population, and you estimate the 95% confidence interval for the unknown parameter in each sample. Which confidence intervals are most likely to include the value of the unknown parameter?

Answer & Explanation

nitruraviX

nitruraviX

Skilled2021-11-08Added 101 answers

Step 1
Given data,
n=1000
p=95%=0.95
Step 2
Step 1 The confidence intervals will contain the value of the unknown parameter=np
Therefore,
np=10000.95
np=950
Therefore approximately 950 confidence intervals will contain the value of the unknown parameter

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