Good evening everyeone,
I am currently working on a set of self-study questions which relate to true/false answers. I am currently faced with a question where the answer claims for it to be false, but I find it true. Not sure if there is an error in the answer. Appreciate some help and advice please.
A confidence interval is an estimate for which there is a specified degree of certainty that the sample statistic will be in the interval.
My take is that the above statement is true as the confidence interval tells us with a specific degree of confidence how likely a value will fall within the range.
Appreciate some advice please.