define interval estimation
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,Interval estimation, in statistics, the evaluation of a parameter—for example, the mean (average)—of a population by computing an interval, or range of values, within which the parameter is most likely to be located. ...
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In statistics, interval estimation is the use of sample data to calculate an interval of possible values of an unknown population parameter; this is in contrast to point estimation, which gives a single value. Jerzy Neyman identified interval estimation as distinct from point estimation
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