Which of the Following Statements Is(are) Correct Concerning a 95

question 175

Multiple Choice

Which of the following statements is(are) correct concerning a 95% confidence interval?

• A)There is a 0.95 probability that the population parameter of interest is contained within the interval.
• B)In computing confidence intervals from 20 samples, 19 of the intervals would contain the population mean.
• C)If you were to produce all possible confidence intervals using the sample mean of each sample of a given size from the population, then 95% of the intervals would contain the population mean.
• D)There is a 0.05 probability the population parameter of interest is not contained within theinterval.

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Definitions:

Real Property

Legal term describing land and anything permanently attached to it, such as buildings.

Mortgagee

The lender in a mortgage loan agreement, typically a bank or financial institution.

Deficiency Judgment

A court order that holds a borrower personally liable for the shortfall when the sale of a foreclosed property does not cover the outstanding loan balance.

Sale

The passing of title from a seller to a buyer for a price.