Answer the following statement(s) true (T) or false (F)
1. Point estimates are the estimate of the mean and proportion that we obtained from a sample.
2. Confidence intervals are the lower and upper boundaries of the confidence limits.
3. The 99% confidence interval will be wider than the 95% confidence interval.
4. The lower limit for the 95% confidence limits for a sample of 200 that had a mean of 34,500 and a standard deviation of 9,887 is 33,129.73.
5. When a researcher says they are 99% confident, he or she is saying that the population mean will not fall within the 99% confidence interval 1% of the time.
1. True
2. False
3. True
4. True
5. True
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