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Usually when we talk about 95% confidence intervals, we actually mean approximate 95% confidence intervals. In other words, the probability that a confidence interval will
Usually when we talk about 95% confidence intervals, we actually mean approximate 95% confidence intervals. In other words, the probability that a confidence interval will end up including the parameter isn't exactly 95%, just approximately. The reason for this is that we make two approximations when we construct the confidence interval. What are the two approximations
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