00:01
Okay, so this question asks, what does 95 % confidence mean? and what we have to understand about this is that it's talking about the process, not my specific interval itself, okay? so, we don't want anything about the specific interval, okay? we just want to talk about the process.
00:28
So if we look at the first choice, it says that there's a 95 % chance that between this and this smoke.
00:34
The first one, that's going to be wrong, because it talks about the specific interval, not the process.
00:43
The second says, if we were to take many samples of 137, 95 % of confidence intervals made would capture the true proportion.
00:53
That's going to be the right one, right? because it talks about many times, right? so the process, like the process in general, not the specific one.
01:05
So that's going to be the right one, the second one.
01:08
As you can see, right, the third one is the correct interpretation of the interval, but not of the actual level of confidence...