All Posts

Confidence Interval

In statistics, a Confidence Interval is a type of interval estimate of a population parameter and is used to indicate the reliability of an estimate. And, if you're like me and you hate statistics, then that really means nothing.  Lets go back to the basics (and the stuff that actually makes sense): confidence |ˈkänfədəns, -fəˌdens| noun 1 the feeling or belief that… Continue reading Confidence Interval