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What is one example of the use of the confidence interval

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Question: A confidence interval is simply a range of values (based on a sample population) to which a specific parameter may/can/likely find a specific population parameter. In other words, the Confidence Interval tells you the likelihood of a specific descriptor of the population within a set range. The higher your confidence level, the larger your confidence interval. What is a Confidence Level and what is one example of the use of the Confidence Interval?

Reference no: EM132745500

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