A researcher is interested in estimating the proportion of voters who favor a tax on e-commerce. ) ___________.Based on a sample of 250 people, she obtains the following 99% confidence interval for the population proportion, p: 0.113 < p < 0.171. Which of the statements below is a valid interpretation of this confidence interval?There is a 99% chance that the true value of implies between 0.113 and 0.171.If 100 different samples of size 250 were selected and, based on each sample, a confidence interval were constructed, exactly 99 of these confidence intervals would contain the true value of p. If many different samples of size 250 were selected and, based on each sample, a confidence interval were constructed, in the long run 99% of the confidence intervals would contain the true value of p.If many different samples of size 250 were selected and, based on each sample, a confidence intervaL were constructed, 99% of the time the true value of p would lie between 0.113 and 0.171.

Based on a sample of 250 people, she obtains the following 99% confidence interval for the population proportion, p: 0.113 < p < 0.171. Which of the statements below is a valid interpretation of this confidence interval?

Based on a sample of 250 people, she obtains the following 99% confidence interval for the population proportion, p: 0.113 < p < 0.171. Which of the statements below is a valid interpretation of this confidence interval?

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter8: Sequences, Series, And Probability

Section8.7: Probability

Problem 58E: What is meant by the sample space of an experiment?

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Question

100%

A researcher is interested in estimating the proportion of voters who favor a tax on e-commerce. ) ___________.

There is a 99% chance that the true value of implies between 0.113 and 0.171.
If 100 different samples of size 250 were selected and, based on each sample, a confidence interval were constructed, exactly 99 of these confidence intervals would contain the true value of p.
If many different samples of size 250 were selected and, based on each sample, a confidence interval were constructed, in the long run 99% of the confidence intervals would contain the true value of p.
If many different samples of size 250 were selected and, based on each sample, a confidence intervaL were constructed, 99% of the time the true value of p would lie between 0.113 and 0.171.

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