Statistics Dictionary
To see a definition, select a term from the dropdown text box below. The statistics
dictionary will display the definition, plus links to related web pages.
Select term:
Interval Estimate
An interval estimate is defined by two numbers, between which a population
parameter is said to lie. For example, a < μ
< b is an interval estimate for the population mean μ.
It indicates that the population mean is greater than a but less than b.