Asked by Dalene Pojak on Sep 29, 2024
The 
value for a 95% confidence interval estimate for a population mean μ is
A) 0.95
B) 0.025
C) 1.65
D) 1.96
Confidence Interval
A selection of values, based on sample statistics, forecasted to incorporate the value of an unknown population parameter.
Population Mean
Population mean is the average of all the values in a population.
Standard Deviation
A statistic that measures the dispersion or variation of a dataset relative to its mean, indicating how spread out the data points are.
- Understand the interpretation and correct usage of the level of confidence and significance level (α).
Learning Objectives
- Understand the interpretation and correct usage of the level of confidence and significance level (α).