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Author Question: What is a confidence coefficient?[br][br][b][color=#A83E49]Question 2[/color][/b][br][br]What is a ... (Read 115 times)

saraeharris

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on: Jun 24, 2018
What is a confidence coefficient?

Question 2

What is a confidence interval?


jamesnevil303

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Reply #1 on: Jun 24, 2018
Answer to Question 1

For a confidence interval, the proportion of such intervals that would include the population parameter if the process leading to the interval were repeated a great many times.

Answer to Question 2

A confidence interval is an interval estimate for which there is a specified degree of certainty that the actual value of the population parameter will fall within the interval.


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