Question

The interval within which 95 percent of all possible sample estimates will fall by chance is...

The interval within which 95 percent of all possible sample estimates will fall by chance is defined as ______________.

Choices

A. Upper confidence boundary

B. Lower confidence boundary

C. The Central Limit Theorem

D. The sample mean ± 1.96 standard errors

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Answer #1

The confidence interval within which 95 % of all possible sample estimates will fall is

D. The sample mean+/- 1.96* standard error.

The 1.96 value is the Zc value which is calculated at 95% confidence level using excel formula for Normal distribution which is =NORM.S.INV(0.975)

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