STATISTICAL TECHNIQUES AND TOOLS
CONFIDENCE INTERVALS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the format for interpreting a confidence interval?
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The interval from ____ to ____ captures the true mean in context.
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C% of samples of the same size taken from the same population will capture the parameter in question
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There is convincing evidence that C% gives the interval ( ____, ____ ) capturing the parameter in question.
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We are C% confident that the interval from ____ to ____ captures the [parameter in context].
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Explanation:
Detailed explanation-1: -A 95% CI simply means that if the study is conducted multiple times (multiple sampling from the same population) with corresponding 95% CI for the mean constructed, we expect 95% of these CIs to contain the true population mean.
Detailed explanation-2: -Once the standard error is calculated, the confidence interval is determined by multiplying the standard error by a constant that reflects the level of significance desired, based on the normal distribution. The constant for 95 percent confidence intervals is 1.96.
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