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A confidence interval is an interval that covers an unknown parameter with $100(1-\alpha)\%$ confidence. Confidence intervals are a frequentist concept. They are often confused with credible intervals which is the Bayesian analog.
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Calculating confidence intervals for each class in a frequency distribution for a binomial d...
This is a question from the book "Statistical Methods (6e) by Snedecor, Cochran":
10 balls, numbered 0 to 9, are placed in a box. For our sample, a ball is drawn from the box and then replaced in it. …
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votes
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How to interpret confidence interval and prediction interval in simple regression "in/with t...
With the context of sampling distribution, in regression analysis, is the following an appropriate interpretation?
Assumptions :
X & Y have a linear relationship
sample size is large enough for Centr …