Question

What is level of confidence

Answer 1

In statistics, a confidence interval is a type of estimate computed from the statistics of the observed data. This gives a range of values for an unknown parameter. The interval has an associated confidence level that gives the probability with which an estimated interval will contain the true value of the parameter.

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Answer 2

Answer:

What does a confidence interval tell you? he confidence interval tells you more than just the possible range around the estimate