Confidence Interval 2


Confidence Interval 2 : (Statist) A range of values known to contain the true value of a distribution a certain proportion of the time. Note: Confidence levels are 95 or 99%. If 99 times out of a hundred trials a value falls between, say, 40 and 43, the confidence interval is 40 to 43, the confidence limits are 40 and 43, and the confidence level is 99%
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