Thanks, but I've already been through those articles and much Googling. The terminology used for statistics is a bit confusing.
A confidence interval or confidence bounds are not for individual data points of a sample.
The CI is for a samples mean only and says nothing with regard to the...
Yeah that makes sense.
Something I'm realizing the more I read about CI, is they don't bound individual data points of a sample, but rather bound the mean of a sample.
So I want to bound data points of any sample.
Hi all,
I have 26 data points I'd like to form a confidence interval around (i.e. points to bound the sample data and possibly the population data).
I can use a t-distribution type: mean +/- [sample/root(# data points)]*t_%5, but it doesn't fully capture the data points.
OR
I can use: mean...