Confidence interval
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What does a confidence interval tell us about our population?
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What does a confidence interval tell us about our population is determined.
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What does a confidence interval tell us about our population?
The purpose of statistics is to make inferences about a population based on information contained in a sample. One of the ways we can make an inference about a population is to select a sample from that population and estimate one of the characteristics of the population by with a confidence interval calculated from the data in the sample.
First we should go over some background about populations and samples
The "characteristics" of a population referred to above are called population parameters. These population parameters can be estimated by sample statistics.
Suppose for example that the ...
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