Ask Question
29 September, 06:31

What do we hope to capture within a confidence interval?

+5
Answers (1)
  1. 29 September, 06:42
    0
    The confidence interval is an interval estimate for a parameter value which gives an estimated range of values which is likely to include an unknown population parameter

    At least 90% of (a large series of) 90% confidence intervals will include the unknown true values of the parameters.

    We use this interval to determine the probability that the confidence interval produced will contain the true parameter value
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What do we hope to capture within a confidence interval? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers