Confidence Interval Estimate: a range of values so constructed that a specified proportion of the intervals costructed that way would contain the true value of a parameter. Critical Value: a point on ...
The binomial model is widely used in statistical applications. Usually, the success probability, p, and its associated confidence interval are estimated from a random sample. Thus, the observations ...
This applet allows users to drag sliders to change the population proportion, confidence level and sample size. The applet helps users visualize the meaning of the phrase "C% confidence," by showing ...
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