Suppose a 95% Confidence Interval for μ Turns Out to Be

question 156

Multiple Choice

Suppose a 95% confidence interval for μ turns out to be (1,000,2,100) .Give a definition of what it means to be "95% confident" as an inference.

• A)In repeated sampling,the population parameter would fall in the given interval 95% of the time.
• B)In repeated sampling,95% of the intervals constructed would contain the population mean.
• C)95% of the observations in the entire population fall in the given interval.
• D)95% of the observations in the sample fall in the given interval.

---

Definitions:

Employee Engagement

The level of an employee's emotional investment, commitment, and enthusiasm towards their work and organization.

Quarterly Bonus

Additional compensation given to employees on a quarterly basis, often linked to performance or organizational profitability.

Sales Targets

Specific, quantifiable objectives set for a sales team or individual sales representatives to achieve within a specific time frame.

Training

An organization's planned efforts to help employees acquire job-related knowledge, skills, abilities, and behaviors, with the goal of applying these on the job.