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What is confidence interval? - Business Mathematics and Statistics

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प्रश्न

What is confidence interval?

योग

उत्तर

A confidence interval L a type of interval estimate, computed from the statistics of the observed data, that might contain the true value of an unknown population parameter.

The numbers at the upper and lower end of a confidence interval are called confidence limits.

For example, if mean is 7.4 with confidence interval (5.4, 9.4), then the numbers 5.4 and 9.4 are the confidence limits.

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Estimation
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 8: Sampling techniques and Statistical Inference - Exercise 8.2 [पृष्ठ १९५]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 12 TN Board
अध्याय 8 Sampling techniques and Statistical Inference
Exercise 8.2 | Q 6 | पृष्ठ १९५
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