Development officials in a large town in India are planning a new public housing development. To understand what home sizes are currently available to residents, they asked 100 randomly selected homeowners for the area of their homes in square meters. The officials found a 99% confidence interval of for the mean area of homes in the town.Is the following conclusion valid?If 100 more samples are taken (with elements chosen randomly and independently), it is expected that the mean area of homes in the town would be in 99 of the computed 99% confidence intervals.Choices:(A)yes(B)no
Q. Development officials in a large town in India are planning a new public housing development. To understand what home sizes are currently available to residents, they asked 100 randomly selected homeowners for the area of their homes in square meters. The officials found a 99% confidence interval of for the mean area of homes in the town.Is the following conclusion valid?If 100 more samples are taken (with elements chosen randomly and independently), it is expected that the mean area of homes in the town would be in 99 of the computed 99% confidence intervals.Choices:(A)yes(B)no
Definition of 99% Confidence Interval: The concept of a 99% confidence interval means that if we were to take many samples and build a confidence interval from each of them, 99% of these intervals would contain the true mean.
Expectation from 100 Samples: So, if 100 more samples are taken, we expect that approximately 99 of those 100 confidence intervals will contain the true mean area of homes.
Validity of Conclusion: Therefore, the conclusion given in the question is valid based on the definition of a confidence interval.
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