Question

The probability that the interval estimation procedure will generate an interval that does not contain the actual value of the population parameter being estimated is the?

1. diemkieu
The probability that the interval estimation procedure will generate an interval that does not contain the actual value of the population parameter being estimated is the confidence coefficient.

### What is a confidence coefficient?

In statistics, this means the confidence level that is stated as a proportion rather than as a percentage.
For instance, if we had a confidence level of 99%, the confidence coefficient would be 0.99.
Therefore, the higher the coefficient, the more certain you are that your results are accurate.