SOLUTION: when it states "Find the probability that the resulting estimate will lie within 2 units of the true value." what does the true value part mean? thank you

SOLUTION: when it states "Find the probability that the resulting estimate will lie within 2 units of the true value." what does the true value part mean? thank you

Algebra.Com

Question 844750: when it states "Find the
probability that the resulting estimate will lie within 2 units of the true value."
what does the true value part mean?
thank you
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
means the real answer, not the estimated value.
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