CONFIDENCEINTERVAL
Confidence interval
In statistics, a confidence interval is a type of interval estimate of a population parameter and is used to indicate the reliability of an estimate. It is an observed interval, in principle different from sample to sample, that frequently includes the parameter of interest if the experiment is repeated. How frequently the observed interval contains the parameter is determined by the confidence level or confidence coefficient. More specifically, the meaning of the term "confidence level" is that, if confidence intervals are constructed across many separate data analyses of repeated experiments, the proportion of such ...The above text is a snippet from Wikipedia: Confidence interval
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confidence interval
Noun
- a particular kind of interval estimate of a population parameter.
The above text is a snippet from Wiktionary: confidence interval
and as such is available under the Creative Commons Attribution/Share-Alike License.