Confidence Interval
A range that likely contains the true value, with a stated level of confidence — say, '95% sure the mean is between 4 and 6'. It puts honest error bars around any estimate.
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A range that likely contains the true value, with a stated level of confidence — say, '95% sure the mean is between 4 and 6'. It puts honest error bars around any estimate.
Want more than a definition? Learn it in Math Masters →