Question

A 99% confidence interval for the mean of a population is such that:A. There is a 99% chance that it contains the standard deviation of the populationB. There is a 99% chance that it contains the mean of the populationC. There is a 99% chance that it contains all the values in the population.D. It contains 99% of the values in the population

Answer 1

Step 1

It means that there is a 99% chance that the interval you have calculated from your data (a random sample of some kind) covers the true value of what you are using that data to learn about.

This means that there is a 99% chance it contains all the values in the population

Answer;

$Option\text{ C}$