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8 December, 19:44

A 99% confidence interval for a population parameter means that if a large number of confidence intervals were constructed from repeated samples, then on average, 99% of these intervals would contain the true parameter.

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  1. 8 December, 20:55
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    Step-by-step explanation:

    A confidence interval, in statistics, refers to the probability that a population parameter will fall between two set values for a certain proportion of times. Confidence intervals measure the degree of uncertainty or certainty in a sampling method. A confidence interval can take any number of probabilities, with the most common being a 95% or 99% confidence level.

    If the researchers want even greater confidence, they can expand the interval to 99% confidence. Doing so invariably creates a broader range, as it makes room for a greater number of sample means. If they establish the 99% confidence interval as being between 70 inches and 78 inches, they can expect 99 of 100 samples evaluated to contain a mean value between these numbers. A 90% confidence level means that we would expect 90% of the interval estimates to include the population parameter. Likewise, a 99% confidence level means that 95% of the intervals would include the parameter.
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