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The English Philosophers Jeremy Bentham and John Stuart Mill Founded

question 332

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The English philosophers Jeremy Bentham and John Stuart Mill founded the school of thought called


Definitions:

Confidence Level

The probability or degree of certainty that a confidence interval would contain the true population parameter if the same procedure were repeated multiple times.

Confidence Interval

A range of values, derived from sample statistics, that is believed to contain the true population parameter with a specified level of confidence.

Population Parameter

A numerical value summarizing the whole population.

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter, with a specified level of confidence.

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