Having Calculated a 95% Confidence Interval for a Single Population

question 3

Multiple Choice

Having calculated a 95% confidence interval for a single population mean we may state that the odds are 95/100 that the

• A)obtained interval contains the population mean.
• B)sample mean is the same as the population mean.
• C)population mean equals 95.
• D)population mean falls in the interval.

---

Definitions:

Telecommunications Companies

Organizations that provide services related to electronic communication such as telephone, internet, and television broadcasting.

Innovation in Business

The introduction of new ideas, methods, or products to improve efficiency, effectiveness, or competitive advantage in a business setting.

Lack of Management Experience

A common challenge faced by businesses, particularly small and start-up companies, where the management team lacks the experience to make informed decisions and strategies.

Marketing Expertise

The specialized knowledge and skills in creating and implementing strategies to promote products or services effectively.