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Lecture
Estimating Parameters: Confidence Intervals
Description
This lecture covers the concept of estimating parameters using confidence intervals, focusing on linear regression, statistics, exploratory probabilities, and interval estimation. It explains how to construct confidence intervals, interpret them, and decrease their width by adjusting the level, sample size, or variance. Examples are provided to illustrate the process, such as determining the resistance of equipment or the melting point of an alloy.
Official source
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