218k views
2 votes
What is the formula for the confidence interval? Then, define what each variable represents.

User Vasylyna
by
6.8k points

1 Answer

7 votes
The confidence interval for a (1−α)% confidence level is given by

(θ0Zα/2 σ/√n, θ0+Zα/2 σ/√n)

θ0 is the measured statistic, Zα/2 is the cutoff/critical value, and σ/√n is the standard error. σ is the population standard deviation (if known) or can be estimated by a sample standard deviation. n is the sample size. The cutoff value depends on the test you wish to use, and θ0 depends on the statistic you wish to estimate.
User Wast
by
6.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.