I am currently taking a statistics course where the following scenario comes up frequently:
Suppose a sample of size $n$ is taken from a population. $X$ is a binomial variable. The number of successes in the sample is $n\hat{p}$. The confidence interval for estimating the population proportion $p$ is:
$$
\Bigg(\hat{p} - \sqrt{\frac{\hat{p}(1-\hat{p})}{n}}t_{.975, n-1},\; \hat{p} + \sqrt{\frac{\hat{p}(1-\hat{p})}{n}}t_{.975, n-1}\Bigg),
$$
with $\hat{p}$ being the unbiased point estimator for the population proportion $p$.
What I don't understand is that the instructor has repeatedly emphasized the difference between these two statements, and I don't understand what that difference is:
- "With 95% confidence, the limits of the confidence interval contain the population proportion."
- "The sample proportion falls within the limits of the confidence interval 95% of the time"
What is the difference between these two statements?