The way to interpret a confidence interval is as follows: If you repeated your survey multiple times (literally, thousands of times), and plotted your p, or percentage, found for each on a frequency distribution, it would look like a bell-shaped
curve, and 95% of your percentages would fall in the confidence interval defined by the population percentage ±1.96 times the standard error of the percentage.
Indicate whether the statement is true or false
TRUE
Business
You might also like to view...
A stock paying $4.80 in annual dividends sells now for $79.60 and has an expected return of 15%. What might investors expect to pay for the stock 1 year from now?
a. $82.74 b. $87.74 c. $86.74 d. $91.54
Business
A properly executed subsequent will revokes a prior will
Indicate whether the statement is true or false
Business