Confidence Intervals - ExampleĮl Hierro is the smallest Canary island and has 8,077 inhabitants of 18 years or over. So basically, a confidence interval tells us how much our sample correlation is likely to differ from the population correlation we're after. The 95% confidence interval for this correlation Our sample data come up with a correlation of 0.41 and indicate that So let's say we've a sample of 200 people from a population of 100,000. That encloses a parameter with a given likelihood.
Simple Introduction to Confidence Intervals By Ruben Geert van den Berg under Statistics A-Z