Timeline for What's the difference between a confidence interval and a credible interval?
Current License: CC BY-SA 3.0
11 events
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| Oct 1, 2015 at 5:36 | history | edited | user36160 | CC BY-SA 3.0 |
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| Sep 30, 2015 at 19:43 | comment | added | user36160 | @jlimahaverford - It reads now "This gives a rule such that, if applied repeatedly to similar problems, the 95% confidence interval will contain the true parameter value in 95% of the cases." | |
| Sep 30, 2015 at 19:39 | comment | added | jlimahaverford | hmm, I am not seeing it corrected. | |
| Sep 30, 2015 at 19:37 | comment | added | user36160 | @jlimahaverford - aggree and corrected - Thanks. | |
| Sep 30, 2015 at 19:35 | history | edited | user36160 | CC BY-SA 3.0 |
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| Sep 30, 2015 at 19:33 | comment | added | jlimahaverford | I was not talking about your description of credible intervals I was talking about confidence intervals. I'm now noticing that in the middle of your paragraph on confidence intervals you start talking about credible again, and I think this is a mistake. The important idea is this "If this were the true value of the parameter, what is the probability that I would draw a sample this extreme or more. If the answer is greater than 5% it's in the confidence interval." | |
| Sep 30, 2015 at 19:22 | comment | added | user36160 | @jlimahaverford - The description is correct as is yours. To make the link to what you describe, I added "This gives a rule such that, if applied repeatedly to similar problems, the 95% credible interval will contain the true parameter value in 95% of the cases." | |
| Sep 30, 2015 at 19:19 | history | edited | user36160 | CC BY-SA 3.0 |
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| Sep 29, 2015 at 20:58 | comment | added | jlimahaverford | The description of the confidence intervals is not correct. The "95%" comes from the probability that a sample from the population will product an interval that contains the true value of the parameter. | |
| Sep 29, 2015 at 19:17 | review | Late answers | |||
| Sep 29, 2015 at 20:58 | |||||
| Sep 3, 2015 at 16:20 | history | answered | user36160 | CC BY-SA 3.0 |