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Quantitative Methods
Quantitative Methods
Medium
A 99% confidence interval for the average annual return of a fund is constructed as (3.2%, 11.8%). Which of the following is the most accurate interpretation?
A
If the sampling process were repeated many times, 99% of the resulting intervals would contain the true population mean
B
There is a 99% probability that the true population mean falls between 3.2% and 11.8%
C
99% of all fund returns fall between 3.2% and 11.8%
D
The fund will return between 3.2% and 11.8% in 99 out of 100 years
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Tags
#confidence-interval
#interpretation
#frequentist-statistics
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