which one/s are true? 1. a 95% degree if confidence means that the probability that true value of parameter would likely be inside the interval [a,b] is 0.95. 2. a 95% degree of confidence means that 95% out 100 interval estimates would likely contain the true value of the population parameter.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 14PPS
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which one/s are true?

1. a 95% degree if confidence means that the probability that true value of parameter would likely be inside the interval [a,b] is 0.95.

2. a 95% degree of confidence means that 95% out 100 interval estimates would likely contain the true value of the population parameter.

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