A range of values, usually a little higher or lower than a specific value found in a sample, within which a researcher has a specified and high degree of confidence that the populations parameters lies is called _______________.

Question

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Confidence intervals are used to estimate the range of values that the population parameter can take with a certain probability. This range is usually a little higher or lower than a specific value found in a sample, and it is calculated based on the sample's statistics and the degree of confidence desired. Options A, B, and D are not correct definitions for this concept.

A Range of Values, Usually a Little Higher or Lower