Difference between revisions of "Confidence interval"
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(New page: {{encyclopedia|moderator=Reetta}} <section begin=glossary /> :'''Confidence interval (Two-Sided)''' is an estimated interval from the lower to upper confidence limit of an estimate of a p...) |
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<section begin=glossary />
- Confidence interval (Two-Sided) is an estimated interval from the lower to upper confidence limit of an estimate of a parameter. This interval is expected to include the true value of the parameter with a specified confidence percentage, e.g., 95% of such intervals are expected to include the true values of the estimated parameters.
- Confidence interval (One-Sided) is an interval below the estimated upper confidence limit, or interval above the estimated lower confidence limit, that is expected to include the true value of an estimated parameter with a specified confidence ( percent of the time).
<section end=glossary />
