Confidence Interval In Statistics | Confidence Interval Explained With Example | Simplilearn

In this video, we will discuss the Confidence Intervals in Statistics. This short video concentrates on the impact of the level of confidence on the width of the confidence interval. You will also learn to construct confidence intervals for a population mean with the help of an example, using the z formula.

In this video, we will discuss -
00:55 Estimation and Confidence Interval
02:03 Level Of Confidence
02:36 Interpretation of Interval Estimation
03:25 Margin Of Error
03:46 Interval Estimation Of A Population Mean

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What is Confidence Interval?
Confidence Interval is a range of values within which the population parameter is expected to occur. The two confidence interval that are used extensively are 95% and 99%

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