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29 September, 06:31

What do we hope to capture within a confidence interval?

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  1. 29 September, 06:42
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    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
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