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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.

1 vote
1 answer
280 views

Why don't confidence interval calculations take true population size into account?

Let's say I have a sample of one million observations that each get a score of 0-1. I would like to use the average score in the sample as an estimate for its true value in the population. To get the …
Mysterious Otter's user avatar
2 votes
1 answer
605 views

Where is my potential flaw in my Z-test of Proportions?

I was working through this z-test of proportions example I found online. The online example solutions says that the difference between the groups is statistically significant, whereas I concluded it w …
Mysterious Otter's user avatar