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A confidence interval is an interval that covers an unknown parameter with $(1-\alpha)\%$ confidence. Confidence intervals are a frequentist concept. They are often confused with credible intervals which is the Bayesian analog.

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It's been a while since I've done things like this but I think you would argue as follows. First, you're distribution is a finite mixture of two normals (for details: What is the variance of the weig …
answered Nov 18 '16 by user1357015
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I'm doing a simulation. I first simulate a mean vector and a semi - positive definite covariance matrix. I then go through and generate 5000 samples of 10 length. I then construct the 95% Confidence …
asked Nov 14 '16 by user1357015