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The standard score associated with a given degree of confidence.

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10y ago

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Confidence intervals of critical statistics provide a range of values within which we can reasonably estimate the true value of a population parameter based on our sample data. They are constructed by calculating the critical statistic, such as the mean or proportion, and then determining the upper and lower bounds of the interval using the standard error and a desired level of confidence, usually 95% or 99%. The confidence interval helps us understand the uncertainty around our estimates and provides a measure of the precision of our results.

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1y ago
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Q: What is Confidence Intervals of Critical Statistic?
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