Question

A ________________________________ is a range of values within which it is probable that the true value of a parameter (e.g., a mean) lies. It can also be thought of as a measure of how closely the measured values from a sample cluster around the true value for the population as a whole.

Answer 1

confidence interval

Explanation:

confidence interval is defined that range of interval that defined degree of certainty and uncertainty for a given sampling method.

it is a probability of given sample which state that particulars parameters are lie between two set of limits.

examples - 95 % confidence interval states that there are 95% probability that given sample contain true value.