Confidence Interval Formula
Many of us are not familiar with the term Confidence Interval so in this article we will see that
where the term confidence interval is used, what is the meaning of the term confidence
interval and what are the uses of the term...
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Confidence Interval Formula
Many of us are not familiar with the term Confidence Interval so in this article we will see that
where the term confidence interval is used, what is the meaning of the term confidence
interval and what are the uses of the term confidence interval.
The confidence interval is a term which is used in the math in the context of the statistics.
Now
let us see the definition of the term confidence interval.
The confidence interval is a type of interval which predicts the parameter of the population and
now let us come to the use of the confidence interval.
The confidence interval is utilized to show the reliability of any of the estimate.
The confidence
interval is a type of the interval which is observed which means that it has been found with the
help of the given observations and it is not the same for each of the sample.
The confidence interval generally contains the interest parameter with the condition that the
experiment is being performed again and
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