Which Is True About a 99% Confidence Interval Based on a Given

question 50

Multiple Choice

Which is true about a 99% confidence interval based on a given sample?
I. The interval contains 99% of the population.
II. Results from 99% of all samples will lie in this interval.
III. The interval is wider than a 95% confidence interval would be.

• A) II only
• B) I only
• C) II and III only
• D) none of these
• E) III only

---

Definitions:

Holding Outputs

The act of retaining finished goods or services before they are sold or delivered to the next stage of the supply chain or to customers.

Assembly Line

A manufacturing approach in which items are sequentially joined to create a finished product in an efficient way.

Shift

The period during which a set of workers is scheduled to work, or the action of changing the position, direction, or focus of something.