In a confidence interval what information does the margin of error provide?

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1195445

2026-07-24 23:15

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The confidence interval consists of a central value and a margin of error around that value. If it is an X% confidence interval then there is a X% probability that the true value of the statistic in question lies inside the interval. Another way of looking at it is that if you took repeated samples and calculated the test statistic each time, you should expect X% of the test statistics to fall within the confidence interval.

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