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Confidence Interval

Statistics & Probability · Level 2 of 5

Confidence Interval

An interval constructed by a procedure with a stated long-run coverage rate.

A frequentist interval's coverage concerns repeated samples under its assumptions.

Example

A sampling procedure is designed to cover the fixed mean 95 percent of the time.

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Audio transcript

Confidence Interval. An interval constructed by a procedure with a stated long-run coverage rate. A frequentist interval's coverage concerns repeated samples under its assumptions. For example: A sampling procedure is designed to cover the fixed mean 95 percent of the time.

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