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A confidence interval is a range of values used in statistics to estimate the uncertainty or variability of a measurement or prediction. It tells you how confident you can be in a result.
Confidence intervals are widely used in data analysis, scientific research, and business forecasting to indicate the reliability of an estimate, such as sales projections or survey results.
A market researcher states that a survey’s results show 60% customer satisfaction, with a confidence interval of 55% to 65%. This means the true satisfaction rate is likely within that range.

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