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A confidence interval estimates the range within which the true population parameter (e.g., mean) is likely to fall, given the sample data. In this case, there’s a 95% probability that the interval (65 kg, 75 kg) includes the true mean weight of the population. Confidence intervals help quantify the uncertainty associated with estimates, providing more context than point estimates alone. Why Other Options Are Wrong : A) The mean might not be exactly 70 kg; it’s just an average of the range. B) Confidence intervals describe means, not individual values in the population. C) The interval relates to the population mean, not the sample mean. E) Confidence intervals provide a probabilistic estimate, not a guarantee.
The Marginal Standing Facility (MSF) rate is linked to which of the following rates?
_______ has got approval for the complete acquisition of Ohm Global Mobility Private (OHM) from OHM International Mobility for a nominal consideration...
Which organization is primarily responsible for ensuring financial inclusion in India?
Which financial instrument provides the right, but not the obligation, to buy or sell an asset at a specified price?
Which act governs the regulation and supervision of NonBanking Financial Companies (NBFCs) in India?
Under the Liberalised Remittance Scheme, all resident individuals, including minors, are allowed to freely remit up to USD ______ per financial year.
USSR was disintegrated in the period ______?
Which of the following banks continue to be identified by Reserve Bank of India as Domestic-Systemically important Banks?
The Rupee's _______ against a basket of currencies has increased, indicating that the Rupee has strengthened against major trading partners.
Which of the following instruments is considered an alternative to cash in the Indian payment system?