Explain what "80% confidence" means in a 80% confidence

Last updated: 7/18/2022

Explain what "80% confidence" means in a 80% confidence interval. What does "80% confidence" mean in a 80% confidence interval? OA. The confidence interval includes 80% of all possible values for the parameter. OB. The value of the parameter lies within 80% of a standard deviation of the estimate. OC. The probability that the value of the parameter lies between the lower and upper bounds of the interval is 80%. The probability that it does not is 20%. OD. If 100 different confidence intervals are constructed, each based on a different sample of size n from the san population, then we expect 80 of the intervals to include the parameter and 20 to not include the parameter.