Confidence interval: Difference between revisions

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(Expand for fan chart and forecasting.)
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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.
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.




== See also ==
== See also ==
* [[Confidence level]]
* [[Confidence level]]
* [[Fan chart]]
* [[Probability]]
* [[Probability]]

Revision as of 16:01, 1 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.


See also