Confidence interval, Advanced Statistics

Confidence interval: A range of the values, calculated from the sample observations which is believed, with the particular probability, to posses the true parameter value. A 95% confidence interval, for instance, implies that were the estimation process which was repeated again and again, then 95% of the calculated intervals would be expected to include the true parameter value. Note that the stated probability level refers to the properties of the interval and not to the parameter itself which is not considered to be the random variable.

Posted Date: 7/27/2012 12:54:59 AM | Location : United States







Related Discussions:- Confidence interval, Assignment Help, Ask Question on Confidence interval, Get Answer, Expert's Help, Confidence interval Discussions

Write discussion on Confidence interval
Your posts are moderated
Related Questions
This process of estimating from a data set those values lying beyond range of the data. In the regression analysis, for instance, a value of the response variable might be estimate

The scatter plot of SRES1 versus totexp demonstrates that there is non-linear relationship that exists as most of the points are below and above zero. The scatter plot show that th

Mosaic displays  is the graphical display of the standardized residuals from the fitting a log-linear model to a contingency table in which the colour and outline of the mosaic's '

sfdgfdg

historigrams and histogram

Resentful demoralization is the possible phenomenon in the clinical trials and intervention studies in which comparison groups not attaining a perceived desirable treatment become

A comprehensive regression analysis of the case study London has been carried out to test the 4 assumptions of regression: 1. Variables are normally distributed 2. Linear rel

Occam's razor  is an early statement of the parsimony principle, which was given by William of Occam (1280-1349) namely 'entia non sunt multiplicanda praeter necessitatem'; which m

Artificial neural network : A mathematical arrangement modelled on the human neural network and designed to attack various statistical problems, particularly in the region of patte

Different approaches to the study of early indian history