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  3. consider the phrase \"confidence interval\" - what

Consider the phrase \"confidence interval\" - what does the word \"confidence\" imply and what is the...

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Statistics

Consider the phrase \"confidence interval\" - what does the word\"confidence\" imply and what is the information provided by the word\"interval\"?

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In statistics the confidence or confidence level indicates the probability with which the estimation of the location of a statistical parameter eg an arithmetic mean in a sample survey is also true for the population Degree of confidence    See Answer
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