Although there are confidence intervals around all statistics, I am going to talk here about the most common confidence interval: the confidence interval around the mean. Samples and populations.

Statisticians and other analysts use confidence intervals to understand whether their sample estimations, inferences, or predictions match the actual populations. If a confidence interval contains ...

Learn about the value at risk, how confidence intervals and confidence levels are used to interpret the value at risk and the difference between the two.

Although it is well known that modern methods of computing confidence intervals (CIs) based on likelihood or simulation have important advantages, normal approximation confidence interval procedures ...

Journal of the Royal Statistical Society. Series B (Statistical Methodology), Vol. 79, No. 5 (NOVEMBER 2017), pp. 1415-1437 (23 pages) The paper considers the problem of hypothesis testing and ...