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
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