Pregunta
Confidence Intervals are used to estimate
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choose your answer…
Previous
parameters
statistics
means
proportions
statistical values
choose your answer…
choose your answer…
Previous
parameters
statistics
means
proportions
statistical values
Ask by Warren Erickson. in the United States
Mar 17,2025
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Confidence intervals are used to estimate parameters.
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Bonus Knowledge
Confidence intervals are a fantastic statistical tool that help us make sense of data by giving us a range within which we can be fairly certain a population parameter lies. For instance, if we calculate a 95% confidence interval for a mean, it provides a hint that if we were to conduct the same study repeatedly, about 95% of those intervals would capture the true mean of the population.
Imagine you’re testing a new recipe and you want to understand how people rate it. By collecting ratings from a sample and calculating the confidence interval for the mean score, you can confidently say, “I believe the average score for my recipe among everyone who would try it is between 7 and 9!” This insight helps you gauge your culinary creation’s potential success before you serve it to the masses!

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