Confidence Interval Calculator
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Confidence intervals are fundamental tools in statistical analysis, providing a range of values that likely contains an unknown population parameter. They bridge the gap between sample data and population characteristics, offering a measure of reliability in statistical estimates. First introduced by Jerzy Neyman in 1937, they revolutionized how we interpret statistical findings.
| Level | Z-Score | Use Cases |
|---|---|---|
| 90% | 1.645 | Preliminary research, pilot studies |
| 95% | 1.96 | Standard research, general inference |
| 99% | 2.576 | Critical decisions, medical research |
A 95% confidence interval doesn't mean there's a 95% chance the parameter lies within it - rather, 95% of similarly constructed intervals would contain the true parameter
Larger samples generally provide narrower, more precise intervals, but the relationship isn't linear
Higher confidence levels result in wider intervals - there's always a trade-off between confidence and precision
For large samples, confidence intervals are robust even when the population isn't normally distributed (thanks to the Central Limit Theorem)