Explain What the Phrase 95% Confident Means When We Interpret

question 114

Multiple Choice

Explain what the phrase 95% confident means when we interpret a 95% confidence interval for μ.

• A) In repeated sampling, 95% of similarly constructed intervals contain the value of the population mean.
• B) 95% of similarly constructed intervals would contain the value of the sampled mean.
• C) 95% of the observations in the population fall within the bounds of the calculated interval.
• D) The probability that the sample mean falls in the calculated interval is 0.95.

---

Definitions:

Creative Potential

The capability or capacity to generate original ideas, solutions, or innovations.

Scenario Planning

A strategic planning method that organizations use to envision and prepare for various future scenarios.

Morphological Analysis

A problem-solving method that involves breaking down a problem into all of its conceivable components and systematically examining the possible interactions.

Associative Play

A developmental stage where children play alongside each other but do not directly interact or coordinate their play.