Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 9 - Section 9.1 - Assess Your Understanding - Vocabulary and Skill Building - Page 436: 3

Answer

Answer: False

Work Step by Step

When we say we are 95% confident with regards to a confidence interval, it means that if we repeatedly sample our population and calculate confidence intervals for each sample we take, we would expect 95% of these intervals to contain the true value of the parameter. For example, if we take 100 different samples of sample size 10, we would expect that 95 of the intervals contain the true value of the population parameter while the other 5 intervals do not.
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