Confidence interval: Difference between revisions
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imported>Doug Williamson (Expand for fan chart and forecasting.) |
imported>Doug Williamson m (Categorise.) |
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Revision as of 15:13, 5 June 2018
Statistics.
An interval based on observations of a sample and so constructed so that there is a specified probability that the interval contains the unknown true value of a parameter.
In forecasting, confidence intervals can be illustrated in a fan chart.
