Confidence Intervals As stated before, researchers often cannot conduct a study on all the individuals in a population (due to funding limitation, time, etc.), so instead they study a sub-sample with the hope of then being able to apply the findings back to the larger population. Since all individuals are not sampled, it means that the "true" mean is never really known. Confidence intervals help to give an indication of how much uncertainty there is in a sample's estimate of the true mean. The more variable the data set, the larger the confidence interval. Small confidence intervals are desirable in studies.
Confidence Intervals As stated before, researchers often cannot conduct a study on all the individuals in a population (due to funding limitation, time, etc.), so instead they study a sub-sample with the hope of then being able to apply the findings back to the larger population. Since all individuals are not sampled, it means that the "true" mean is never really known. Confidence intervals help to give an indication of how much uncertainty there is in a sample's estimate of the true mean. The more variable the data set, the larger the confidence interval. Small confidence intervals are desirable in studies.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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