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A ________________________________ is a range of values within which it is probable that the true value...

  1. A ________________________________ is a range of values within which it is probable that the true value of a parameter (e.g., a mean) lies. It can also be thought of as a measure of how closely the measured values from a sample cluster around the true value for the population as a whole.
  1. The formula for converting odds to probability is ________.  
    1. Odds = probability / (1 – probability)
    2. Probability = odds / (1 + odds)
    3. Probability = odds / (1 – odds)
    4. Probability = (1 + odds) / odds
    5. Probability = (1 – odds) / odds
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Answer #1

A Confidence interval is a range of values within which it is probable that the true value of a parameter (e.g., a mean) lies. It can also be thought of as a measure of how closely the measured values from a sample cluster around the true value for the population as a whole.

The formula for converting odds to probability is Probability = odds / (1 + odds)

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