Confidence interval

This page is a encyclopedia article. The page identifier is Op_en3394
Moderator:Reetta (see all)
Give your opinion to the peer rating of the content of this page. {{ #opasnet_rater: }}
Upload data

<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 />