This applet allows users to drag sliders to change the confidence level and sample size. The applet helps users visualize the meaning of the phrase "C% confidence," by showing that C% of the samples ...
Journal of Agricultural, Biological, and Environmental Statistics, Vol. 1, No. 1 (Mar., 1996), pp. 131-140 (10 pages) In recent years, more robust methods of estimating the size of a closed population ...
The Annals of Statistics, Vol. 16, No. 3 (Sep., 1988), pp. 927-953 (27 pages) We develop a unified framework within which many commonly used bootstrap critical points and confidence intervals may be ...
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Confidence intervals show the likelihood a data range contains the true mean, aiding investment decisions. A wider interval suggests lower estimate accuracy, influencing market and risk analysis ...