Confidence level/Definition: Difference between revisions
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imported>Peter Schmitt (reformulation) |
imported>Peter Schmitt m (missing "of") |
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The probability that the true value a random variable lies within the estimated (or predicted) ''confidence interval''. | The probability that the true value of a random variable lies within the estimated (or predicted) ''confidence interval''. | ||
Revision as of 10:37, 1 July 2009
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The probability that the true value of a random variable lies within the estimated (or predicted) confidence interval.