The 98% confidence interval for the mean distance for the long jump for a random sample of 50 members of a high school track and field team is (70 in., 88 in.). Which of the following statements is the correct interpretation of 98% confidence?
A 95% confidence level gives the overall success rate of the method used to calculate the confidence interval. That is, in of all possible samples when the conditions for inference are met, the interval computed from the sample data the true value.
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