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Checking Out Formulas for Confidence Intervals

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2016-03-26 7:39:16
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Statistics All-in-One For Dummies
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Statistics All-in-One For Dummies
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In statistics, a confidence interval gives a range of plausible values for some unknown population characteristic. It contains an initial estimate plus or minus a margin of error (the amount by which you expect your results to vary if other samples were taken). The following table shows formulas for the components of the most common confidence intervals and keys for when to use them.

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Deborah J. Rumsey, PhD, is an Auxiliary Professor and Statistics Education Specialist at The Ohio State University. She is the author of Statistics For Dummies, Statistics II For Dummies, Statistics Workbook For Dummies, and Probability For Dummies.

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