Asked by Molly Martinez on Sep 29, 2024
The term 1 − α refers to:
A) the probability that a confidence interval does not contain the population parameter.
B) the confidence level.
C) the level of unbiasedness.
D) the level of consistency.
Confidence Level
The probability that a confidence interval will contain the true population parameter.
Population Parameter
A numerical value that summarizes or describes a characteristic of an entire population.
- Master the concepts of interpreting and precisely using confidence levels and the significance level (α).
- Understand the meaning and implications of a confidence level in the context of interval estimation.
Learning Objectives
- Master the concepts of interpreting and precisely using confidence levels and the significance level (α).
- Understand the meaning and implications of a confidence level in the context of interval estimation.
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