jojoapps34 jojoapps34
  • 29-10-2020
  • Mathematics
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Why are confidence interval estimates needed in addition to point estimates?

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briannachambers117 briannachambers117
  • 29-10-2020

Answer:

A confidence interval provides much more information than just a hypothesis test p-value. It indicates the uncertainty of an estimate of a parameter and allows you to consider the practical importance, rather than just statistical significance. Confidence intervals and hypothesis tests are closely related

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