I am working on an exercise, where given $n$ iid observations $X_1,X_2,\ldots X_n\sim\mathcal{N}(\mu,\sigma^2)$, construct a compact $95\%$-confidence region $C \subseteq \mathbb{R} \times \mathbb{R}^+$ for the parameter $(\mu,\sigma)$.
I did the following: I constructed two $97.5\%$-confidence intervals for $\mu$, via the $t$-distribution and $\bar{X}$, and for $\sigma^2$, via the $\chi^2$-distribution and $S^2$, and used that Fisher's Theorem says that $\bar{X}$ and $S^2$ are independent. Than I "combined" both intervals into a rectangle (which is of course compact) and noted that the probability that $(\mu,\sigma)$ is inside this rectangle is $0.975 \cdot 0.975 > 0.95$. Is this correct?