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How are those who graduate from college and work in a professional field typically paid?
Confidence Intervals
Confidence intervals describe a range of possible values for a parameter based on sample data, indicating the reliability or precision of an estimate.
Prediction Intervals
A range of values within which a future observation is expected to fall, with a certain level of confidence.
Prediction Interval
A range of values within which a future observation is expected to fall, with a certain probability.
Confidence Interval
A spread of values obtained from statistical scrutiny of samples, presumed to potentially contain the value of an undetermined population parameter.
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