discuss how calculating a confidence interval is similar to or different than gambling
Confidence intervals are often misinterpreted and commonly confused with the probability that something is likely to happen. In this journal, you have the opportunity to explore your understanding of these concepts; you will discuss how calculating a confidence interval is similar to or different than gambling.
Prompt: For each journal assignment, the following critical elements must be met:
Fulfills all requirements in the individual prompt
Provides relevant application of course concepts
Supports ideas and observations with examples from personal or professional situations
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