✔️ Confidence Interval §

= provides a confidence level (= 🎲 Probability that next measurement lies inside) for a range of values of an unknown parameter

🧪 Formula §

$C{I}_{95}=X\pm (1.96\ast \frac{\sigma }{\sqrt{N}})$ X: estimate of population mean σ: standard deviation (if unknown → estimated SD) N: number of samples

📖 Example: §

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