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  • Intro To CI

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    Junaid Khan
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    A confidence interval provides a range of values that is likely to include an unknown population parameter, based on a sample statistic. It allows us to estimate a population parameter with a certain degree of confidence that the interval contains the true value. A confidence interval consists of a point estimate and margin of error and can be used to make decisions about the value of the parameter.

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    Intro to CI

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    A confidence interval provides a range of values that is likely to include an unknown population parameter, based on a sample statistic. It allows us to estimate a population parameter with a certain degree of confidence that the interval contains the true value. A confidence interval consists of a point estimate and margin of error and can be used to make decisions about the value of the parameter.

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    6 views13 pages

    Intro To CI

    Uploaded by

    Junaid Khan
    A confidence interval provides a range of values that is likely to include an unknown population parameter, based on a sample statistic. It allows us to estimate a population parameter with a certain degree of confidence that the interval contains the true value. A confidence interval consists of a point estimate and margin of error and can be used to make decisions about the value of the parameter.

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    © All Rights Reserved
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    of 13

    WHAT IS A

    CONFIDENCE
    INTERVAL?
    LEARNING TARGETS
    • Identify an appropriate point estimator and calculate the value of a point
    estimate.
    • Interpret a confidence interval in context.
    • Determine the point estimate and margin of error from a confidence interval.
    • Use a confidence interval to make a decision about the value of a parameter.

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