A ________ is a range of values between which the value of the population parameter is believed to be, along with a probability that the interval correctly estimates the true population parameter.
Answers
Step-by-step explanation:
A Interval is a range of values between which the value of the population parameter is believed to be, along with a probability that the interval correctly estimates the true population parameter.
Concept
Probability is a branch of mathematics concerned with numerical descriptions of the likelihood of an event occurring or a proposition being true. An event's probability is a number between 0 and 1, with 0 indicating impossibility and 1 indicating certainty.
Given
A ________ is a range of values between which the value of the population parameter is believed to be, along with a probability that the interval correctly estimates the true population parameter.
Find
We are asked to fill in the blank
Solution
The Interval is a range of values between which the value of the population parameter is believed to be, along with a probability that the interval correctly estimates the true population parameter.
Hence the blank is fill by interval.