Asked by Jacqueline Babyak on Sep 29, 2024
The term 1 − α refers to the probability that a confidence interval does not contain the population parameter.
Confidence Interval
A series of values, based on sample statistics, presumed to include the unknown value of a population parameter.
Population Parameter
A characteristic or measure that describes an aspect of an entire population, such as a population mean or variance.
- Comprehend the function of the confidence level in the context of confidence intervals.
Learning Objectives
- Comprehend the function of the confidence level in the context of confidence intervals.
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