Asked by Amanjot singh on May 25, 2024

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This range of possible values calculated for a particular level of confidence is called the confidence interval.

Confidence Interval

A statistical range, based on sample data, within which there is a specified probability that the value of a parameter lies.

  • Familiarize oneself with the concepts and real-world applications of inferential and descriptive statistics.
  • Understand the significance of standard deviation and standard error in analyzing statistical information.
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Farhan Hossein

May 31, 2024

Final Answer :
True
Explanation :
This statement is true.