Confidence Interval

Friday, 16 August 2019

12:03 AM

Confidence level vs Probability - True value either belongs, or does not belong

 

A confidence interval is an interval for which we can assert with a reasonable degree of certainty (or confidence) that it will contain the true value of the population parameter under consideration.

 

  1. Select a confidence -  -
  2. Level is

 

 

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