Mathematics
Mathematics, 15.11.2019 05:31, hernan99961

The government’s claims that students earn an average of $4,500 during their summer break from studies. a random sample of students gave had a sample average of $3,975 and a 95% confidence interval was found to be $3,525 < µ < $4,425. this interval is interpreted to mean that:
a. because our specific confidence interval does not contain the value $4500 there is a 95% probability that the true average summer earnings is not $4500.b. if we were to repeat our survey many times, then about 95% of all the confidence intervals will contain the value $4500.c. if we repeat our survey many times, then about 95% of our confidence intervals will contain the true value of the average earnings of students. d. there is a 95% probability that the true average earnings are between $3525 and $4425 for all students.

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