95% Confidence Interval Formula:
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A 95% confidence interval (CI) is a range of values that you can be 95% certain contains the true mean of the population. It's calculated from the sample mean and standard error.
The calculator uses the formula:
Where:
Explanation: The interval gives the range within which we expect the population mean to lie with 95% confidence.
Details: Confidence intervals provide more information than point estimates alone by showing the precision of the estimate and the range of plausible values for the population parameter.
Tips: Enter the sample mean and standard error. The standard error must be greater than 0. The calculator will output the 95% confidence interval.
Q1: Why 1.96 for 95% confidence?
A: 1.96 is the z-score that captures 95% of the area under a normal distribution curve (±1.96 standard deviations from the mean).
Q2: What if my data isn't normally distributed?
A: For non-normal data with large samples (n > 30), the Central Limit Theorem makes this approximation reasonable. For small non-normal samples, consider bootstrap methods.
Q3: How is standard error calculated?
A: Standard error is typically calculated as \( SE = \frac{SD}{\sqrt{n}} \) where SD is standard deviation and n is sample size.
Q4: What does 95% confidence actually mean?
A: If we repeated the sampling many times, 95% of the calculated confidence intervals would contain the true population mean.
Q5: When should I use confidence intervals?
A: Always report CIs alongside point estimates to show the precision of your estimates and facilitate comparison between studies.