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In an examination students were asked to say what is meant by:“The interval (11.1, 16.8) is 100(1-α) % confidence interval for the parameter θ^n. One student wrote that:“the interval (11.1,16.8) is 100(1-α)% confidence interval for θ if θ lies within the interval with probability (1-α)â€ÂExplain why this statement is incorrect and give an alternatively, correct statement.
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