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MMLU / Which one of the following is the most appropriate definition of a 99%…

Problem

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question

Which one of the following is the most appropriate definition of a 99% confidence interval?

choices

  1. 99% of the time in repeated samples, the interval would contain the true value of the parameter
  2. 99% of the time in repeated samples, the interval would contain the estimated value of the parameter
  3. 99% of the time in repeated samples, the null hypothesis will be rejected
  4. 99% of the time in repeated samples, the null hypothesis will not be rejected when it was false

subject

econometrics

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