Welcome!

Share and discuss the best content and new marketing ideas, build your professional profile and become a better marketer together.

Sign up

You need to be registered to interact with the community.
This question has been flagged
1 Reply
105 Views

What is the primary purpose of a confidence interval in statistics?

Avatar
Discard
Best Answer

to represent how "good" an estimate is; the larger a 90% confidence interval for a particular estimate, the more caution is required when using the estimate. Confidence intervals are an important reminder of the limitations of the estimates

Avatar
Discard