Introduction The Confidence Interval (CI) is a vital statistical tool that quantifies the uncertainty associated with an estimate. It provides a range within which the true value is likely to fall, giving decision-makers a measure of confidence in their conclusions. This mental model is deeply rooted in human psychology as we seek certainty in our […]
![](https://thefreedomendeavour.com/wp-content/uploads/2023/06/confidence-interval.webp)