Consider the following statement: If the process of selecting a sample of size 50 and then computing the corresponding 95% interval is repeated 100 times, 95 of the resulting intervals

will include u. Is this statement correct? Why or why not? It is not a correct statement. We expect 5 out of the 100 intervals to contain the mean. It is a correct statement. Since we are taking the same sample, we expect all intervals to contain the mean. O It is a correct statement. This is guaranteed by the definition ofconfidence interval. It is not a correct statement. We expect 95 out of 100 intervals willcontain the mean, but we don't know this to be true. It is not a correct statement. 90 out of the 100 intervals will contain themean.