95% CI for a mean — formula and interpretation.
easyAnswer
- CI = X̄ ± .
- Interpretation: if we repeated the experiment many times, 95% of the CIs would contain the true μ.
- NOT: 'there's a 95% chance μ is in this specific interval' (that's Bayesian credible interval language).
- For large n, t ≈ z = 1.96.
- Foundational for A/B testing and any point estimate reporting.
Check yourself — multiple choice
- μ has 95% chance to be here
- X̄ ± · s/√n; frequentist: 95% of such CIs cover the true μ across repeated experiments
- Same as prediction
- Only Bayesian
95% CI: X̄ ± t·SE; frequentist coverage interpretation.
#confidence-interval
Practise Statistics Fundamentals
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Related questions
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