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FACT FIRST ยท ANALOGY SECOND

95% CI

Factual definition

A 95% confidence interval is produced by a method that, under its assumptions, would cover the true parameter in about 95% of repeated samples. It is not a 95% probability statement about this one fixed interval.

SATIRICAL ANALOGY โ€” NOT A DEFINITION

A range of plausible precision, frequently summarized as one suspiciously confident number.

Related entries in the source book

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