Question: Why are Confidence intervals often misinterpreted and commonly confused with the probability that something is likely to happen
Why are Confidence intervals often misinterpreted and commonly confused with the probability that something is likely to happen
Step by Step Solution
There are 3 Steps involved in it
Lets break down the concept of confidence intervals and why they are often misinterpreted What is a Confidence Interval A confidence interval CI is a range of values derived from a dataset that is lik... View full answer
Get step-by-step solutions from verified subject matter experts
