The confidence level of a statistical inference measures:

A. the proportion of times a conclusion about a population will be correct in the long run.
B. the proportion of times a conclusion about a population will be wrong in the long run.
C. the proportion of times an estimation procedure will be correct in the long run.
D. the proportion of times an estimation procedure will be wrong in the long run.


Analysis:
A. Incorrect. The confidence level of a statistical inference measures the proportion of times an estimation procedure will be correct in the long run.
B. Incorrect. The confidence level of a statistical inference measures the proportion of times an estimation procedure will be correct in the long run.
C. Correct. The confidence level of a statistical inference measures the proportion of times an estimation procedure will be correct in the long run.
D. Incorrect. The confidence level of a statistical inference measures the proportion of times an estimation procedure will be correct in the long run.
ANSWER : C

Business

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