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A confidence interval is ______. range of values for a variable that has a stated probability of containing an unknown population mean a range of
A confidence interval is ______.
| range of values for a variable that has a stated probability of containing an unknown population mean | ||
| a range of numbers that tells us the probability that our estimate is wrong | ||
| a statistical interval around a point estimate (the mean) that provides a specified level of confidences for the true population parameter | ||
| the lower and upper boundaries of the confidence interval |
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Statistical Techniques in Business and Economics
Authors: Douglas A. Lind, William G Marchal
17th edition
1259666360, 978-1259666360
