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 likelihood ratio method is used to construct a confidence interval for a population mean when sampling from a population with certain characteristics found in many applications, such as auditing.
A modified sequential procedure is put forward for the problem of estimating the mean of a normal population by a confidence interval of prescribed width and confidence coefficient, when the ...
This applet allows users to drag sliders to change the confidence level and sample size. The applet helps users visualize the meaning of the phrase "C% confidence," by showing that C% of the samples ...