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This is the first post I've seen that states the definition of a CI correctly. Another note: 'confidence interval' typically refers to the frequentist meaning,
by ronjobber 8y ago
This is the first post I've seen that states the definition of a CI correctly.
Another note: 'confidence interval' typically refers to the frequentist meaning, whereas 'credibility interval' is used in the Bayesian setting, when describing an interval of the posterior with 95% probability (which is arguably more interpretable). The usages of the two terms do not seem to generally be strict, however.