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Draws a range a little higher and lower than the sample mean to help depict where the true mean probably lies.

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User Bernzkie
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1 Answer

3 votes

The answer is "confidence interval".


The purpose of taking a random example from a great deal or populace and processing a measurement, for example, the mean from the information, is to inexact the mean of the populace. How well the example measurement appraises the basic populace esteem is dependably an issue. A confidence interval tends to this issue since it gives a scope of qualities which is probably going to contain the populace parameter of interest.

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User IComputerfreak
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