RESEARCH METHODOLOGY

METHODS OF DATA ANALYSIS

DECISION MAKING WITH HYPOTHESIS TESTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What do you mean by Confidence Level is 95 %
A
95 percent of the times the researcher is correct
B
95 percent of the time the researcher can get the correct data
C
95 percent of the time the researcher cannot go wrong
D
None of the above
Explanation: 

Detailed explanation-1: -With a 95 percent confidence interval, you have a 5 percent chance of being wrong. With a 90 percent confidence interval, you have a 10 percent chance of being wrong. A 99 percent confidence interval would be wider than a 95 percent confidence interval (for example, plus or minus 4.5 percent instead of 3.5 percent).

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