Why is it incorrect to make the following claim? “There is a 95% chance that the population mean falls between the lower and upper bounds of this confidence interval”. What is the correct claim?
What will be an ideal response?
The population mean either is or is not between the bounds of the confidence interval – there are no probabilities involved. The correct claim is: “Assuming this population mean, 95% of sample means would fall between the lower and upper bounds of this confidence interval.”
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