Asked by Yuzuna Tanaka on May 06, 2024

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Analysis of a random sample of 250 Nova Scotia nurses produced a 95% confidence interval for the mean annual salary of $42,841<μ (Nurse Salary)  <$49,696.\$ 42,841 < \mu \text { (Nurse Salary) } < \$ 49,696 .$42,841<μ (Nurse Salary)  <$49,696.

A) We are 95% confident that the interval from $42,841 to $49,696 contains the true mean salary of all Nova Scotia nurses.
B) We are 95% confident that the average nurse salary in the Canada is between $42,841 and $49,696.
C) About 95% of the nurses surveyed earn between $42,841 and $49,696.
D) About 95% of Nova Scotia nurses earn between $42,841 and $49,696.
E) If we took many random samples of Nova Scotia nurses,about 95% of them would produce this confidence interval.

Mean Annual Salary

The average yearly earnings of employees in a particular job, sector, or region.

Confidence Interval

A depot of values, based on statistical sample analysis, envisaged to contain the value of a yet-to-be-discovered population parameter.

Nova Scotia Nurses

Registered nurses and nurse practitioners located in the province of Nova Scotia, Canada, who provide various healthcare services.

  • Familiarize oneself with the principle of a confidence interval and how it aids in the estimation of population parameters.
  • Appreciate the meaning of confidence intervals in the framework of the researched variable (examples include cholesterol amounts, petrol pricing, and loss of weight).
  • Distinguish the correct comprehension of confidence intervals from widespread misconceptions.
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DH
Debbi HinderliterMay 07, 2024
Final Answer :
A
Explanation :
A 95% confidence interval means that if we were to repeat the sampling process many times, about 95% of the intervals constructed would contain the true mean salary of all Nova Scotia nurses. Therefore, option A is the most accurate statement. Option B is incorrect because it makes a claim about the average nurse salary in all of Canada, not just Nova Scotia. Option C is incorrect because it implies that 95% of the individual nurses surveyed fall within that salary range, which may not be true. Option D is also incorrect because it makes a claim about all Nova Scotia nurses, which we cannot be sure of based on a single sample. Option E is incorrect because it refers to the repeatability of the sampling process, not the accuracy of the specific interval calculated from this sample.