Taii3115 Taii3115
  • 03-03-2022
  • Mathematics
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What is the difference between confidence level and confidence interval.

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billiejocox10
billiejocox10 billiejocox10
  • 03-03-2022

Answer:

The confidence level is the percentage of times you expect to get close to the same estimate if you run your experiment again or resample the population in the same way. The confidence interval consists of the upper and lower bounds of the estimate you expect to find at a given level of confidence.

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