Question

The true parameter (unknown to me) is x. I sampled data and construct a 95% confidence interval. Is the following statement true: 95% of time the sample will contain x.

  1. True
  2. False
  3. I donโ€™t know

Answer

True, 95% confidence interval is defined as a range of values such that, with 95% probability, the range will contain the unknown true parameter.