A 95% Confidence Interval Implies That About 95 Out of 100

question 6

Short Answer

A 95% confidence interval implies that about 95 out of 100 similarly constructed intervals will include the _____________ being estimated.

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Definitions:

Computer Technician

A professional responsible for the maintenance, repair, and proper functioning of computer hardware and software.

Invoice

A document issued by a seller to a buyer, indicating the products or services provided and the amount due.

Accrued Wages

Compensation that employees have acquired through work but still awaits disbursement by the employer.

Wages Expense

The total cost incurred by a company for the compensation of its employees, excluding benefits and bonuses.