FORESTRY
AGRICULTURAL STATISTICS AND ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Is this a correct interpretation of a confidence level?If the same population is sampled on numerous occasions and interval estimates are made on each occasion, the resulting intervals would bracket the true population parameter in approximately 95 % of the cases.
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Yes
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No
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -If a 95% confidence interval includes the null value, then there is no statistically meaningful or statistically significant difference between the groups. If the confidence interval does not include the null value, then we conclude that there is a statistically significant difference between the groups.
Detailed explanation-2: -A confidence interval for a mean gives us a range of plausible values for the population mean. If a confidence interval does not include a particular value, we can say that it is not likely that the particular value is the true population mean.
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