Sunday, February 26, 2012

Definition of a Confidence Interval

"95% of intervals of the form $$\left({\overline X} - \frac{2\sigma}{\sqrt{n}},{\overline X} + \frac{2\sigma}{\sqrt{n}}\right),$$ which are based on samples of size $n$ each, will contain the mean of the normal density in their interior."

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