Why do we use a confidence interval?
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A confidence interval is a range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter. Because of their random nature, it is unlikely that two samples from a given population will yield identical confidence intervals.Apr 18, 2013
2023-06-25 03:21:50
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A confidence interval is a range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter. Because of their random nature, it is unlikely that two samples from a given population will yield identical confidence intervals.Apr 18, 2013