Confidence intervals show the likelihood a data range contains the true mean, aiding investment decisions. A wider interval suggests lower estimate accuracy, influencing market and risk analysis ...

I've become alarmed recently at the number of young engineers (i.e. those with less than 5 years of work experience), who seem to have missed the college course on applied probability and don't know ...

The linkage disequilibrium method is currently the most widely used single sample estimator of genetic effective population size. The commonly used software packages come with two options, referred to ...

In this paper, we consider the problem of interval estimation for the mean of diagnostic test charges. Diagnostic test charge data may contain zero values, and the nonzero values can often be modeled ...

This applet allows users to drag sliders to change the confidence level and sample size. The applet helps users visualize the meaning of the phrase "C% confidence," by showing that C% of the samples ...

This applet allows users to drag sliders to change the population proportion, confidence level and sample size. The applet helps users visualize the meaning of the phrase "C% confidence," by showing ...