Q:

Knowing the population standard deviation, a 95% confidence interval infers that the population mean ___________. is between 0 and 100% is within ±1.96 standard deviations of the sample mean is within ±1.96 standard errors of the sample mean is too large

Accepted Solution

A:
Answer:within ±1.96 standard deviations of the sample mean Step-by-step explanation:A 95% confidence interval is found using the formula C = 1 - α, and some other stuff, but let's focus on that for now. Using the formula:.95 = 1 - αα = .05If α = .05, that means a 2-sided confidence interval would be found using the sample mean and the Z-score Z(subscript α/2), or Z.₀₂₅ because α AKA .05 divided by 2 = .025. From there, you take this either to your calculator or a Z-table (or perhaps you have a chart that lists the common CI values), and see that for the area to be .025 beneath a standard normal curve, your Z value is ±1.96 ("plus or minus" because we're considering a 2-sided confidence interval).