Estimate of the population mean

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Reference no: EM131560117

Suppose that an estimate of the population mean is 150 with the margin of Error of 50 at a confidence 95%. How would you interpret this statement?

A. we would expect (100,200) to contain 95% sample means

B. The estimate cannot be off by more than 50

C. 5% change that the sample mean falls outside the interval

D. The true mean is between 100 and 200 with the probability 95%

Reference no: EM131560117

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