Examlex
Use the given degree of confidence and sample data to construct a confidence interval for the population proportion p.
n=56, x=30 ; 95% confidence
Interval Estimate
An interval estimate is a range of values derived from sample statistics that is likely to contain the value of an unknown population parameter.
Population Parameter
A numerical value summarizing the entire population that can often be estimated by a statistic derived from a sample.
Margin of Error
The maximum expected difference between the true population parameter and a sample estimate of that parameter.
Estimator's Squared Bias
The squared difference between an estimator's expected value and the true value of the parameter being estimated.
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